Adjustment to Bottom
1. Recently, many people believe that there is a weekly M-top, and even think that the bull market has ended. From the perspectives of monetary policy, fundamentals, and technical analysis, I do not believe the market has peaked. On the contrary, I think BTC is still very strong, sometimes even stronger than US stocks, and far from peaking.
2. The panic sentiment from the US entering the conflict has spread in the crypto space. After BTC broke below 100,000 and then recovered, early morning US index futures opened low and moved higher. The BTC correction has ended and is expected to rise back above 108,000, possibly starting a new round of increases.
