How to catch the rhythm of sector rotation in the crypto world and enter at a relatively early stage? What impact does the rise and fall of Bitcoin have on the sectors?
The crypto world is becoming more and more like the US stock market, especially influenced by non-farm payroll data and Federal Reserve policies. When interest rates drop, the cost for institutions to buy assets decreases, market liquidity increases, and Bitcoin may rise accordingly.
But don't be naive to think that you can trade solely based on these macro data; you have no way of knowing when institutional funds will enter the market or which coins they will buy. Not to mention that behind each coin there are multiple players, some going long and some going short, and the direction of the market is fundamentally unpredictable.
Those who claim to have insider information as 'big traders' are mostly scams. If there were real news, who would tell you? The crypto market is a zero-sum game; what one person earns is what another loses, and even if there is insider information, it would be highly confidential.
Ultimately, the crypto world belongs to the project parties. If they want the coin to rise, it will rise; if they want it to fall, it will fall. Instead of believing in so-called insider news, remember this: the market is always dictated by the boss.
Follow me for more insights; if you have questions or want to discuss and learn together, check the introduction to my cooking business to prevent unnecessary entry into the crypto world.
