Brothers! Listen to my advice, this bull market is really coming to an end, it's time to withdraw!
In the past week, the news in the market has been dazzling. Just when I saw a bunch of companies and institutions frantically buying Bitcoin, all sorts of positive news have been popping up like snowflakes, the price of Bitcoin not only didn't surge upwards, but instead started to decline slowly. And take a look at Ethereum, it has been rising fiercely recently. I think this is just the manipulators deliberately using Ethereum's surge to attract everyone's attention, to quietly sell off their Bitcoin! #BTC
Surely some people are puzzled, with institutions making large purchases, why do I still say the bull market is over? This reminds me of the A-share market in 2021. At that time, the bull market was booming, a bunch of fund companies were banding together to speculate, using our retail investors' money to drive up stock prices, inflating the market bubble. As a result, when the bubble burst, retail investors suffered huge losses, but the fund companies? They still made a fortune from the fees and walked away, leaving retail investors standing there "on guard".
Looking back at BTC, the dynamics are actually quite similar. Right now, it's the manipulators and institutions working together to "harvest the leeks". The manipulators, taking advantage of the high Bitcoin price, dump all their chips onto the institutions. The institutions are not using their own money, so they don't care about taking over. Once the manipulators have sold off most of their holdings, the Bitcoin price will naturally start to decline. When it drops to a certain level, the institutions will face a broken funding chain and will panic sell. By then, all those cheap chips will return to the manipulators' hands, completing a cycle of bull and bear market transition! Of course, the actual situation is definitely more complex than what I've described, and the timeline will be stretched longer.
So brothers, at this price point for Bitcoin, don't get greedy! Take your profits when you should, run when you should, and protecting your principal is the hard truth! Don't let the market change and become the one being harvested.
