Author: Crypto Beacon·Eastern Saint
Two major events happened yesterday:
Bitcoin breaks through $107,000, nearing historical highs;
China Merchants Bank and Construction Bank both lowered RMB deposit rates, officially entering the '1 era'.
This is not a coincidence, but a dialogue of the times.
One is the exhaustion of interest in the old world, and the other is the value consensus in the new world.
Stop shorting; what you're shorting is not the candlestick chart, but the macro trend and capital logic.
One, the simultaneous interest rate cuts by Construction Bank and China Merchants Bank release a system-wide signal.
From a 0.05% interest rate on demand deposits, to only 1.25% for three-year fixed deposits, two major state-owned banks acted on the same day:
This indicates that this is not an isolated action, but a signal of a global monetary easing cycle;
It tells the market: 'Saving money is useless; either invest or be consumed by inflation.'
What we should be asking is not 'Will Bitcoin crash?'
But rather: 'If we don't change assets now, what will protect us from the depreciation of fiat currency?'
Two, young people should stop seeking swords from the boat; BTC is no longer the coin circle of 2021.
Many new short sellers are still living in the old script:
'Wasn't 2021 also a surge followed by a halving?'
'Don't worry, it will drop back again; I'm not anxious about shorting.'
Wake up, brother, Bitcoin is no longer a speculative coin controlled by retail investors, but a globally recognized financial asset dominated by Wall Street.
In 2021, Bitcoin was still in the realm of the people;
In 2024, it is BlackRock's weapon, Fidelity's bottom warehouse, and the focus of global ETF capital flows.
What you're shorting is the 'systemic gold' recognized by the Federal Reserve.
Three, institutional entry, volatility decreases, trend strengthens.
1. Price structure stabilizes
In the past, a 40% drop in one day; now even adjustments are 'step-by-step rebounds';
The ETF subscription/redemption mechanism increases the cost for major players to dump.
2. Chips concentrate, belief strengthens.
BlackRock's IBIT position exceeds 500,000 coins, not to cut you, but to lock in liquidity;
More and more long-term funds are entering the market, turning Bitcoin from a 'casino' into an 'asset anchor'.
3. Market logic switches
It's not about 'trading and unloading', but 'slow bull accumulating consensus';
Similar to gold after 2009, every adjustment is an opportunity to add positions, not a precursor to a crash.
Four, RMB interest rates enter the '1 era', BTC becomes the first choice against inflation.
Depositing RMB, the interest for 5 years is less than 6%;
Putting it in the bank won't keep up with inflation, housing prices, or gold;
And BTC is backed by algorithmically constrained supply, global liquidity supporting demand, and is an asset outside the system that is cross-border, resistant to censorship, and immune to depreciation.
You don't need to believe in Bitcoin, but you must acknowledge that its value is being recognized by more and more people.
Five, Bitcoin breaking through historical highs is just the beginning, not the end.
Don't forget, now is:
The halving cycle has just begun;
Amid expectations of a global interest rate cut wave;
A phase of continued accumulation by mainstream financial institutions.
Shorting now is like shorting gold in 2009, shorting Apple in 2013, or shorting Tesla in 2020.
What you're betting on is not the technical aspect, but the trend itself.
Six, summary: Recognize the overall situation and stop shorting.
Bitcoin is no longer anyone's 'dream',
It is the entire financial system's **'digital safe haven'** against depreciation.
The interest rate cuts by Construction Bank and China Merchants Bank are a capitulation of the old financial order;
Bitcoin hitting new highs is a declaration of the new asset era.
Stop fantasizing about a major drop and correction.
The only opportunity now is not to wait for a correction, but to stop shorting and follow the main upward trend.
