6.16 A Few Thoughts on Future Trends
1. Regarding the so-called M-top, from any perspective, I do not believe this is a historical peak. We are still in the hesitant upward phase, far from the true top and a frenzied climax.
2. It is very normal for BTC to have a pullback of 3-5 weeks after rising for 7 consecutive weeks and reaching new highs. The eventual pullback low could be below 100,000, but it is unlikely to break below 90,000.
3. BTC has already become correlated with U.S. stocks, and the current liquidity in U.S. stocks makes BTC in high demand. There is no need to fear heights with BTC; just look at how the Nasdaq has been rising for decades.
4. ETH's opportunities are improving, while altcoins only have temporary opportunities before quantitative easing, such as when BTC finishes its adjustment and breaks through new highs.