阿根战记
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As Bitcoin falls below $80,000, the second target has been reached, and the next worst-case scenario is a drop to $70,000-$71,000, which is the starting point of this round of market!
Of course, personally, I hope this situation doesn't occur. Although it proves that what was said on Monday was correct, as a practitioner in the industry, I hope the industry continues to prosper!
The biggest problem now is that previously resilient altcoins are likely to take a hit now. Many believe that altcoins haven't risen much or are already laying at the bottom, but altcoins have no bottom. Even if they fall to the floor price, they might surprise you with an underground level, or even an eighteen-layer hell!
After this wave of decline, we might truly see a golden pit like those on 3.12 and 5.19!
However, back then it was a sharp drop to the bottom, a big knife to the heart! Now it's a continuous decline followed by an accelerated drop, which feels more like a small knife cutting flesh!
Of course, a small knife cutting flesh is more painful; after all, Lingchi is one of the ten most brutal tortures!
This round of halving is an atypical bull market because the Federal Reserve's interest rates are still high. The previous three rounds of halving were all accompanied by low-interest rates and ample liquidity!
However, the Federal Reserve cannot maintain high interest rates forever; otherwise, either the U.S. economy or the stock market will have to suffer. So, all we can do next is prepare for three good things: eat well, sleep well, and work well, and prepare for a protracted battle!
Of course, personally, I hope this situation doesn't occur. Although it proves that what was said on Monday was correct, as a practitioner in the industry, I hope the industry continues to prosper!
The biggest problem now is that previously resilient altcoins are likely to take a hit now. Many believe that altcoins haven't risen much or are already laying at the bottom, but altcoins have no bottom. Even if they fall to the floor price, they might surprise you with an underground level, or even an eighteen-layer hell!
After this wave of decline, we might truly see a golden pit like those on 3.12 and 5.19!
However, back then it was a sharp drop to the bottom, a big knife to the heart! Now it's a continuous decline followed by an accelerated drop, which feels more like a small knife cutting flesh!
Of course, a small knife cutting flesh is more painful; after all, Lingchi is one of the ten most brutal tortures!
This round of halving is an atypical bull market because the Federal Reserve's interest rates are still high. The previous three rounds of halving were all accompanied by low-interest rates and ample liquidity!
However, the Federal Reserve cannot maintain high interest rates forever; otherwise, either the U.S. economy or the stock market will have to suffer. So, all we can do next is prepare for three good things: eat well, sleep well, and work well, and prepare for a protracted battle!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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