The approval of ETF will bring more traditional funds into the market. Institutions may have already planned to build positions. At this time, the adoption of ETF may be a joint effort between institutions and SEC to induce long shipments! From a short-term perspective, there should be a relatively large correction! In the long run, BTC will definitely reach more than 100,000 U!

But I still recommend that you don’t go short. At least half of the position should be in spot. If it falls, you can cover it. If it rises, you won’t be short! Because it is difficult for retail investors to grasp the rhythm of the correction. How much of the correction should be taken to enter the position? 40,000? Or 36,000? This rhythm is difficult to grasp! When it drops to 40,000, will you wait for a lower point? If it doesn’t pull back, it first reaches 60,000 and then drops to 55,000, are you still waiting for 40,000? Maybe if you start the mad cow directly, you will completely miss the entire bull market!

So don’t be short during this period. It will be halved in May this year. At that time, the mining cost of BTC will also reach around 35,000. It is definitely going to take off!

Maybe it will reach more than 3W after a while. Maybe you will think how great it would be if I cleared my position at 47,000? If it’s more than 3W, I’ll take it back! But who can 100% grasp this rhythm?

Because now is the critical moment for Niu Chu, not a bear market! So it is better not to take this band than to take even a 10% risk and miss the entire bull market!