Hello everyone, long time no see! I am your Brother Hai. I haven’t updated for a while, and my Weibo has been criticized. I didn’t plan to continue updating, always thinking of doing it alone, leisurely and comfortable! But after this round of pull-ups, I still want to tell you my opinion! Will this round of bull market reach 200,000, and what stage of the cycle we are in, let’s follow Brother Hai’s thinking to see.
First, let’s look at the most concerned issue. That is, the Ethereum ETF has been approved. After BTC breaks through, has the situation reversed? In fact, Hai Ge thinks that it can be clearly seen from this rise that although it has broken through now, this rebound is actually very weak.
Everyone can clearly see that the current situation is shrinking and rising, so. Don’t be fooled by all kinds of gods and many parties exaggerating the good news of ETF, but in fact not many hot money believes it. Its market does not have much passion, but retail investors are stimulated. So this time the trading volume is not as large as the previous positive times. Like July before, it also rose with shrinking volume, and BTC rose to 31800, but the trading volume has been declining, and the market enthusiasm is not high. Therefore, the current bear market has been created.
Let's talk about the current situation. Hai Ge thinks that this time may be the same situation, first pull up and then pretend to be, forming a small wave rebound. Now it is just waiting for the heat to pass and waiting for an opportunity to go high. In fact, from the approval of Ethereum ETF by the US Securities and Exchange Commission last week, it can be seen that the SEC is actually on the side of investors. The reason why it did not approve the spot ETF now is because it is a bear market. Even if it is approved, it will not rise much. So this key killer should be saved before the bull market.
Hai Ge sees a lot of long and short opportunities every day, and now some institutions are actually selling at high prices. For example, Ark Fund has recently started to sell Grayscale BTC and Coinbase stocks related to the cryptocurrency circle. This shows that market makers still believe that the bear market is not over yet and there is still room for further decline. In fact, this is a good thing, because after the market goes down, you can buy at a low price again. Sell high and buy low, it works every time.
Finally, the US unemployment rate data is what Wall Street is particularly worried about, because it is a decisive factor in measuring the financial crisis. The data will be released at 8:30 pm this Friday, and the previous value was 3.8%. The market expectation is 3.7%, and the previous data has exceeded expectations.
If the data is still much higher than market expectations, then be careful. Because the current high interest rate of the Federal Reserve is likely to trigger a great depression. Every time the Federal Reserve says that the situation is different this time and there will be no recession. As a result, the fact is that every interest rate hike of this intensity has triggered a financial crisis. The Internet bubble in 2000 and the subprime mortgage crisis in 2008 were caused by excessive interest rate hikes, so everyone should do a good job of risk control in advance. During the 2020 epidemic, the U.S. stock market plummeted and was circuit-breakered three times. Don't be afraid of ten thousand, just be afraid of one. Once the account is liquidated, the subsequent market may have nothing to do with you. Okay, I'll stop here today.
As long as the market is there, Brother Hai is there! A gentleman hides his ability and waits for the right time to act. If there is a way in the world, he will show himself, if there is no way, he will hide!
[The above content is exclusively created by (Bihaihengliu). The review and release of the article may be delayed and the strategy may not be timely. The above analysis only represents the author's personal opinion and does not constitute a specific operational suggestion. If you operate based on this, you will be responsible for your own profits and losses. Investment is risky and you should be cautious when entering the market. The specific operation shall be based on Hai Ge's real-time strategy. Meeting is fate, and Hai Ge is a person who believes in fate! ]
