Market Analysis
I have been very busy with work these past few days and haven't had time to update. Today, I want to write a bit. I mentioned before that it was a good time to buy between 80,000 and 85,000. At that time, some people laughed at me, saying that it's a bear market and I shouldn't be buying. This is not a bear market; it's just what I often talk about: the explosion of the US stock market, the pressure on cryptocurrencies to reduce US debt to ease loan pressure on businesses, which is a policy choice of the Trump administration. Additionally, it is also a tool for Trump to compete for discourse power with the Federal Reserve.
We are not yet in a bear market cycle. Why do I say this? Because the bubble is not big enough. Do you understand? The bubble is still not considered large enough, and it is not yet time for a bear market. I can only say that the future market will rise for a period and then spiral down a bit, repeating this pattern over and over. I suggest selling off a bit in December.