Recently, many fans have been asking Liang Ge why the market fluctuations are so small. With 20x contracts, there’s hardly any profit to be made, which is quite worrying 😅
Right now, the entire financial market is focused on the ‘Understanding King’. If he really takes action against Iran and the conflict escalates, the market is likely to drop again.
So, before the ‘Understanding King’ releases any new information, market fluctuations are expected to be minimal, generally leaning bearish. The market manipulators might want to take the opportunity to wash out positions aggressively.
ETFs have been continuously flowing in, but there hasn’t been much reaction in the market, indicating that we are still in the accumulation phase. The market is about to reach a critical point, and a trend change could happen at any moment 💥
For fans who are unsure about how to operate, a dollar-cost averaging strategy on Bitcoin is relatively safe. Once the Iran issue is resolved, Bitcoin is likely to hit new highs, and a bull market could be just around the corner.
