Why hasn't the market gone up? Is there still hope for 2800?
Over the past two weeks, for those who enjoy speculation, the returns have been quite substantial, as there haven't really been any entry points; as long as you firmly hold a long position, that is the right choice.
If this is the peak, or if a short-term peak appears in a week, it's very likely that on-chain sectors will start to see explosive growth coins. Just like a few days ago when ETHFI was pushed, it's not to say it's 10 times yet, but several times is still possible. Now imagine, with thousands of coins on exchanges, how likely is it to find a potential coin that could multiply?
In recent days, market news has been positive; China has also made substantial progress in trade agreements with the U.S.
But why hasn't $BTC risen to 110,000?
Because under macroeconomic uncertainty, a large amount of capital has flowed into Bitcoin ETFs, and now this situation has reversed.
This is not good news for BTC, while U.S. stocks have become more attractive. That's why you see the Nasdaq up 4%, while BTC hasn't moved much. It is expected that BTC will find a local peak here and then will undergo a correction before really charging towards a historical high.
In short, as long as we maintain a good mindset and patience, we will definitely be able to see the light after the clouds disperse.
