May 19 Market Fundamentals
1. The probability of the Federal Reserve keeping interest rates unchanged in June is 91.4%
2. In the past 24 hours, total liquidations across the network reached $618 million, with long positions liquidated at $392 million and short positions liquidated at $227 million. The liquidation volume of ETH exceeded that of BTC.
3. Metaplanet purchased an additional 1004 BTC, raising its total holdings to 7800 BTC, Japan's version of MicroStrategy.
4. (Rich Dad Poor Dad) Author: Hold physical gold, silver, and BTC to resist the next crisis instead of buying ETFs.
Interpretation
Previously, there was a slight fantasy about a rate cut in June, but now it can be clearly stated that there will be no rate cut in June. In the past 24 hours, the market saw sharp fluctuations, first inducing longs to liquidate, then crashing and liquidating shorts, experiencing significant ups and downs. However, there were no significant positive or negative news events, which can only mean one thing: the main force has started to operate and harvest. Japan's version of MicroStrategy continues to increase its Bitcoin holdings. For institutions increasing their positions, a reminder for the retail investors: you are different from institutions. Institutions look at the long term; they can consider trends over ten or twenty years, while you, if stuck for three to five years, may be finished. So don’t rush in just because institutions are continuing to accumulate. Robert Kiyosaki, the author of (Rich Dad Poor Dad), has long observed economic cycles and debt crises. He stated that the next crisis might be triggered by $1.6 trillion in student loan debt leading to a market collapse. Although Trump's tariff issues have ceased, could he possibly come up with new initiatives next? The answer is certainly possible.
As of last week, Bitcoin ETFs maintained net inflows, and today, on Monday, it is important to pay attention. If ETFs start to flow out today, the market may head in a new direction.
Market Situation
Without any positive or negative news driving it, the market has seen significant fluctuations, with shorts and longs being liquidated. The main force's trading behavior is evident. After a brief spike, Bitcoin crashed sharply, while altcoins have suffered greatly, continuously retracing. Now you understand why the community advised everyone to exit at the peak on the 13th, consistently warning that caution was needed during this stage because the market lacks sufficient reasons for a rise. How much capital is needed to push altcoins up in such a large market? Who will drive it? It is unrealistic to rely on retail investors shouting that the bull market is coming. Last Saturday, it was mentioned that the downgrade of the U.S. credit rating would have a significant impact on the market, posing great risks, yet some people remained unconcerned and continued to chase highs.
In terms of operations, adopt a wait-and-see approach. At this stage, there are many uncertainties. If you don't have unlimited resources, it's better to act less. Don't get too caught up in short-term fluctuations. Trading fundamentally emphasizes stability.#BTC #BTC走势分析 $BTC $ETH
