[Review notes]
Let’s briefly talk about why btc will definitely rebound here and why qi will rise to the sky.
First btc:
This round of continuous short squeeze in Bitcoin is due to the continuous entry of incremental funds.
The market has formed expectations of a bull market, and market participants have developed a very strong motivation to pursue rewards. The big drop here is actually a way to pursue rewards, because there are too many profit orders, and everyone chases strong rewards to form profit selling. , but the market has always been in such a strong emotional state. When the selling is released, the way of pursuing rewards will change from selling to buying, and Bitcoin will reach new highs and go out of a big market. It's just that the participants in this market are all young people who have not been baptized by the market. The market's reaction often produces a huge lag, so my judgments are often too advanced. This is also something I am reflecting on.
Leading instrument:
qi is not hype, but value discovery.
Based on the expectations of the bull market, large funds and long-term funds continue to buy some public chains or currencies with large market capitalization. Based on this atmosphere, the market's emotional funds will look for more flexible directions to speculate, and the money-making effect of the previous gas will be , coupled with the popularity of JTO's listing, everyone has dug out the forgotten QI. It was originally an altcoin with a small market value. Now that the bull market is coming, all the valuable coins at the top will rise a lot, so these linked coins will also It will follow the rise. When the time, place and people are right, funds launch qi, and the market value of qi should refer to jto and be higher than jto; when btc reverses, qi and jto will become the two cores of the market, with qi as the leader. JTO is Zhongjun. If JTO doubles, the market value will be 600 million. If qi is higher than 600 million, it needs to be doubled 5 times, so the lowest target price of qi is also 0.1.
The level of hype for this kind of value discovery is much greater than the hype of the subject matter. It coincides with the first adjustment of the starting point of the Bitcoin bull market. When Bitcoin rises again, there is no doubt that the market will rise.
These things were all explained in the chat room a few days ago, but because my judgment is always too forward and the lag in the market always makes everyone feel more tormented, I will post it again for your reference.
The above is a personal opinion. Please do not use this opinion as a basis for buying or selling. There are risks in the currency market, so investment needs to be cautious.