Since this morning, it is obvious that the Bitcoin game has become more intense.
The market in the past few days can be said to be not very active
But starting this morning, the price fluctuations have become much larger.
Bitcoin fell slightly this morning, but not by much.
But the various mountain villages were frightened.
Especially in recent days, except for a few copycats, the performance is still quite impressive.
Other cottage industries are basically in a general decline
This is not difficult to understand. The big funds in the cottage industry also have a need for hedging.
Whether it is selling the cottage to buy Bitcoin, or temporarily leaving the market
The primary demand of big funds is always safety first
This also shows from the side that, except for the Bitcoin market maker group, no one knows whether the ETF will survive January.
Whether the ETF can be approved in January or continue to be postponed, before and after this news comes out
There will definitely be a big fluctuation in the market.
I personally think that the week from today to the 12th is a critical time node.
From the perspective of continued delays in ETFs, I think
The range of this fluctuation should be below 40,000 to around 36,000.
Some friends may think that the main force has been PUAing the market for so long, and the expectations are so high.
If there is a sudden delay, the market will collapse, and the price will drop to 30,000 or even below 30,000.
Well, I can’t say whether it will reach 30,000 this year.
But I think the possibility of this wave directly collapsing to 3W is very small
Why? It’s very simple. The breakthrough of this wave of market is driven by the real money of the main force.
If it collapses directly, wouldn’t the main force’s money be wasted?
Moreover, this wave of rising prices that started in October can be said to be driven by the US market most of the time.
Therefore, the main force of this wave of rise is actually retail investors in Europe and the United States.
The American retail investors have been trained by dozens of American stock markets.
I have developed the habit of value investing.
That is to say, as long as they think Bitcoin is a value investment, they will buy it and hold it. They will not sell it if it falls or rises.
Aim to take it for ten or twenty years, or even pass it on to your son or grandson.
Therefore, I think the possibility of Bitcoin collapsing directly if the ETF fails in January is very small.
After all, January has been postponed, and there is still March.
I mentioned it in my previous video, the US primary election in March, plus the game of interest rate cuts, and the upcoming Bitcoin halving
The really critical time point is March. Compared with March, the result in January seems less important.
A few days ago, I looked at the previous market, and today I will also carve a boat
Before and after the accurate information of ETF comes out, there will be a big fluctuation in the market.
So whether you think the ETF will pass or not, if you want to catch this wave of market
The time points to pay attention to are 2 to 6 pm and 0 to 4 am
These two time points are the two periods that the main force prefers to use for sneak attacks.
If you want to do this wave of market, you can pay attention to it.
However, I still recommend that more friends wait until the fluctuations are over before continuing to operate.
After all, it is not easy for us retail investors to make good use of the market trend affected by news.