❗❗❗12.9 Market Analysis and Investment Advice

I. Market Status

1. The volume has shrunk in the past two days, and the trend is unhealthy. Bitcoin has been pulled up and then dumped. Many altcoins have risen several times, which is risky.

2. Although ETFs have net inflows every day, the price of the currency has not risen but fallen. If there is an outflow, it may start to fall.

3. The yen is weak, and the policy side has expectations of interest rate hikes, which is bearish.

4. The current bull market of Bitcoin has risen from $17,000 to $100,000. Bottom buyers have earned 5.8 times, and early ETF players have earned 75%.

5. Inflation has risen, the year-on-year growth rate of the PCE price index and the core PCE price index has increased, and wage growth has been strong. The US stock market is at a high level, and the price-to-book ratio of the S&P 500 index has soared to 5.3 times. Last week, ETFs inflows exceeded $2 billion, and the inflow of funds is expected to decrease this week.

2. Key events on Wednesday

1. CPI will be released at 9:30 pm. If it is higher than expected and the inflow of BTC ETF slows down, the cryptocurrency market will retrace.

2. Microsoft shareholders vote on whether to invest in BTC. Since the board of directors recommends against it, it is likely to fail.

3. Investment strategy

1. It is recommended to hold a 50% position and reserve 50% of funds. Last night, the position was reduced by 40% and 60% was retained. If there is a rebound today, the position will continue to be reduced to 40% to stop profit and retain 60% of funds.

2. It is not recommended to buy at will. You should reserve funds and wait for a callback before entering the market to avoid taking the risk of a large callback for a small increase. #山寨季将持续多久？ #PEPE市值新高 #APT、ADA、ENA大额解锁