#美联储是否加息？ From the crash regulated by the SEC to the surge of Bitcoin ETFs, there has recently been another wave of crash, #BTC the ahr index has reached the bottom range of 0.43, and the fear index has also reached 37.
Fortunately, it has not yet broken below the previous low, but from the K-line perspective, it has already broken down, so the short-term trend remains bearish, with a downward fluctuation. As regular investors, let’s recharge our faith together~
Viewpoint 1:
The bear market is mainly due to the Federal Reserve's interest rate hikes. So what is the essence of these rate hikes? During the pandemic, quantitative easing was necessary due to high inflation pressures. As we all know, the US dollar is the world's currency, and quantitative easing and interest rate hikes essentially equate to harvesting wealth from around the world. So what happens after the harvest? A 5.3% interest rate cannot be sustained, so printing money and easing is irreversible. If Bitcoin has no future, it cannot survive for over a decade and reach this price! Besides the four-year cycle, Bitcoin will continue to exist and rise as long as the Federal Reserve continues to ease. Next year, there is a high probability that interest rates will be lowered and easing will begin. The faster the crash, the more bloodied chips the major players will absorb, which means the bull market will come faster and more violently!
Viewpoint 2:
Tesla once bought Bitcoin and was once considered a supporter of Bitcoin. Recently, reports have indicated that Tesla has sold its Bitcoin, and the public disclosure of this news has triggered some market panic.
We can see from the chart that Tesla indeed no longer holds Bitcoin, and has not for a long time. This is not just the recent sell-off performance; if the old horse's coins were to be dumped, it wouldn't have only dropped this much! The main reason Tesla sold its Bitcoin is that electric vehicle sales are not doing well, necessitating a large cash reserve. This situation indicates that Tesla is facing challenges in its own business and needs to adjust its use of funds. This fundraising practice is common in business, as companies adjust their asset allocation based on their needs. It can be seen that this news is intentionally timed with the sell-off; as long-term investors, we must not be misled by the news. Therefore, my view is: the short-term trend is mainly a downward fluctuation, while in the long term, I believe it will remain optimistic, and these recent crashes will accelerate the arrival of the bull market~ #ETH #fdusd