Looking at the Square Gods
It's over, it's over.
Every bottom is a peak. The world economy is not optimistic.
Without excess funds, how can they possibly flow into risk assets?
If you have money, would you say to buy gold or buy this kind of virtual asset?
Gold has experienced thousands of years and has always been a hard currency, widely applicable in various markets.
Now is a time when people's survival has become difficult. Everyone is mindlessly shorting, adding enough margin, never getting trapped, even if the big players can kill, how dare they pull, a bunch of people waiting to break even.
Mindless shorting, mindless shorting. Add enough margin.
There will be rebounds, but they won't last.