BTC ETH market analysis at this moment! My sincere reminder
I can say without exaggeration: this year is the most difficult year for the market since the inception of Bitcoin. The difficulty lies in the judgment of the industry and the perception of dynamic changes! I have never engaged in emotional investing; I dare to objectively analyze and immediately face the market to share with everyone.
1. Many people express complete confusion about my statements on June 5 and 6. I would like to clarify once again: the listing of Circle is one of the most important days in the history of the cryptocurrency industry. I believe that the view of ETH reaching historical highs within six months remains unchanged! I also kindly remind everyone: within six hours after I spoke, the financial market detonated a bomb, and the fundamentals changed. The impact of this change is measured in weeks!
2. A week ago, when Circle was financing, I mentioned that this stock is the most sought-after stock globally in the second half of the year, without exception. At that time, the fundraising price was over 20, and a week later it has quadrupled! The current decline in the cryptocurrency market has nothing to do with Circle; the listing of Circle is equivalent to doing promotional advertising for the cryptocurrency market on NASDAQ, and don’t interpret it as good news being exhausted! What currently affects the market is the second matter; your and my perception is not important; what matters is recognizing the facts.
3. We must not ignore the risk points seen by institutions; many people underestimate the influence of the 'Chuan Ma' incident too much!
I studied for two whole days: the reports from mainstream media in Europe and America regarding 'Chuan Ma' turning against each other, and found that the media downplayed the situation and avoided the main issues, because they dare not mention the American taboo word 'Epstein'! In America, anyone involved in the details of Epstein is no longer here; this is the reality of America!
Old Ma's remarks are comparable to the typical example of the 'literary inquisition' during the Song Dynasty; let’s not forget that Old Ma's identity is a presidential advisor, not a civilian!
I have great sympathy for Old Ma; he helped the wrong person, but he also said the wrong words.
4. The prices of BTC and ETH are holding here because of the expectations of two major positive developments next week:
US-China UK negotiations on Monday + the stablecoin bill may pass. At the same time, the US stock market is likely to break new highs next week. But I want to remind you: institutional funds currently choose to observe more due to market uncertainty.
Words from the heart, sincere feelings!