Today is the tenth day of the first lunar month, and most companies that should be working have already started work.
Daqian wishes all bosses good luck in the new year and great fortune in the Year of the Snake.
This Spring Festival market is really worrying.
The fifth day of the Lunar New Year was supposed to be the day to welcome the God of Wealth, but a needle from heaven and earth knocked the God of Wealth down.
Many people who are afraid of falling can't help but ask:
Will the market fall further? When will the altcoin market stop falling?
Is there any chance for the coin price to go up again?
The answer is yes. From a macro perspective, the upward trend of the big cycle is still there.
Short-term adjustments will have certain impacts, but the overall structure has not been destroyed.
When the crocodile says this, many people will wonder:
Why is it that the price of currency keeps falling even though there are so many positive news in the market?
The reason is simple: the market is facing the challenge of lack of liquidity.
In the financial market, what is the factor that most affects liquidity?
To put it simply, it is market sentiment, which we also call expected speculation.
The reason why the market rose so fast last year was because of the expectation of interest rate cut by the Federal Reserve.
Last year, everyone thought that the Federal Reserve would cut interest rates soon.
Therefore, if we have full confidence in the market, the liquidity of the market can be maintained.
According to the latest dot plot, this year, the Bank of Japan will most likely only cut interest rates twice.
Market expectations were broken, and there was a short-term downturn.
Investors lost their patience and some even began to withdraw from the market, which resulted in a lack of market liquidity.
Therefore, this phenomenon will not change much in the short term.
Unless there are new major favorable policies in the future.
Tonight will usher in the beautiful January.
Non-farm payrolls and unemployment rate, the release of this data,
This will cause a certain degree of market turbulence.
When the market reaches this stage, the big sharks think that this is an important turning point.
There are now two completely different operations in the market:
Large investors are stepping up to hoard stocks, while retail investors are choosing to leave the market.
According to Santiment data, since February,
The number of wallets with more than 100 Bitcoins increased by 135.
The number of wallets with less than 100 Bitcoins decreased by 138,680. As for what to do?
The tycoon’s view: Keep enough patience and confidence, spot trading is the way out for most people.
Bitcoin 9200, Ethereum 2200, these two positions are the iron bottom,
If you are lucky enough to come here and do it boldly and confidently, and can get a heavy position in the train, you will come back and thank me.
You must be cautious and assertive when choosing a cottage.
99% of the counterfeits on the market will disappear, it’s just a matter of time.
How to choose a good copycat? You can talk to the big guys in private.
The general standard is that the target must have ecological support.
Don’t be swayed by the market’s fomo sentiment, and don’t envy those meme targets that have increased by hundreds of times.
A hundred-fold copycat only belongs to a few people, but a meme that returns to zero is more likely to come across you.
Don't touch the contract. If you really can't help it,
Remember the advice of the big sharks: you must, must, must set take-profit and stop-loss. This can save you at the critical moment.
At present, the big bitcoin is rising, while the copycat is sluggish. This is a good thing, indicating that the bull market has not really exploded yet.
The key turning point is forming.
What we need to do most is to hold on to the chips in our hands.
There are always opportunities. The crypto market never lacks opportunities to make money. What is lacking is the capital.
Every operation and decision is a game of benefits and harms.
No matter how much caution and care you take, it is not excessive.
2. Market hot spots:
1. The public chain Bera was listed on major exchanges, rising first and then falling, with a total market value of 4 billion dollars. The ecological project Beratardio rose sharply.
2. The public chain Sol has fallen, and the monthly exchange rate of SolBTC has broken. In the next six months, Sol is likely to underperform BTC.
3. Brother Sun is responsible for the rise of TRX and SUN. Brother Sun is short of funds recently, and he is collecting deposits at high interest rates and is suing Huobi’s Li Lin.
4. The meme TST surged. TST is a meme on the BSC chain. CZ called for an order, and it surged 100 times from 50wu to 5000wu in one day.
