Crypto飞哥
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Let's talk briefly about the upcoming trends in the crypto world.
I don't think this round of the bull market will have a double top at the end of 2025 like in 2021 (I personally believe the main bull market is still ongoing), but it is clear that BTC has entered a weekly-level adjustment, or rather, the adjustment is already mostly complete. Since it is a weekly-level adjustment, it is basically impossible to see a bottom reversal and new highs without a rate cut; if it can stabilize around 90K in May, I think that's quite good.
Given that the time and depth of this adjustment are much more severe than originally expected, if the bull market continues, it is likely that it won't end with a wave around June to July, but rather be postponed to around September to October (though I don't think it will extend to the end of the year for a double top).
Of course, specifics still need to be observed as we go along. In short, in the later stages of the bull market, gradually reduce positions and take profits; don't be greedy, and try not to re-enter positions that you have already exited.
This round of the bull market is controlled by Wall Street, which has teamed up with the loudmouth of Old Trump to create momentum, make moves, and engage in chaotic liquidation, leaving retail investors in a terrible situation. The voice of Chinese people in the crypto world has been reduced to almost zero. I suggest everyone lower their expectations for the crypto world moving forward, operate conservatively (only hold BTC for the long term), and prioritize survival.
It cannot be ruled out that in the next two to three months, those institutions may shift to operate ETH as the main market line (after all, it has enough room), cutting the last batch of retail investors who recently switched from various altcoins to BTC for survival one more time. I think this possibility is very high.
Even if the top collapses and the bull market ends, it should be very difficult for BTC to drop 50% in three months or 80% in a year like before; BTC will now belong to large funds and institutional ETFs from Wall Street, used as market-making and capital reserve by listed companies and foreign exchange reserves of small to medium-sized countries; the wealthy and enterprises will also treat it as an asset to allocate (it retains value and increases 2-5 times every four years, which is very attractive). BTC has already distanced itself from new retail investors.
I don't think this round of the bull market will have a double top at the end of 2025 like in 2021 (I personally believe the main bull market is still ongoing), but it is clear that BTC has entered a weekly-level adjustment, or rather, the adjustment is already mostly complete. Since it is a weekly-level adjustment, it is basically impossible to see a bottom reversal and new highs without a rate cut; if it can stabilize around 90K in May, I think that's quite good.
Given that the time and depth of this adjustment are much more severe than originally expected, if the bull market continues, it is likely that it won't end with a wave around June to July, but rather be postponed to around September to October (though I don't think it will extend to the end of the year for a double top).
Of course, specifics still need to be observed as we go along. In short, in the later stages of the bull market, gradually reduce positions and take profits; don't be greedy, and try not to re-enter positions that you have already exited.
This round of the bull market is controlled by Wall Street, which has teamed up with the loudmouth of Old Trump to create momentum, make moves, and engage in chaotic liquidation, leaving retail investors in a terrible situation. The voice of Chinese people in the crypto world has been reduced to almost zero. I suggest everyone lower their expectations for the crypto world moving forward, operate conservatively (only hold BTC for the long term), and prioritize survival.
It cannot be ruled out that in the next two to three months, those institutions may shift to operate ETH as the main market line (after all, it has enough room), cutting the last batch of retail investors who recently switched from various altcoins to BTC for survival one more time. I think this possibility is very high.
Even if the top collapses and the bull market ends, it should be very difficult for BTC to drop 50% in three months or 80% in a year like before; BTC will now belong to large funds and institutional ETFs from Wall Street, used as market-making and capital reserve by listed companies and foreign exchange reserves of small to medium-sized countries; the wealthy and enterprises will also treat it as an asset to allocate (it retains value and increases 2-5 times every four years, which is very attractive). BTC has already distanced itself from new retail investors.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
96,909.02
+2.44%