傅承泽

The rebound brought by the positive CPI data cannot change the current bearish trend.

Old Fu published an article on the 11th to publicly remind each other of the mid-line trend. Bitcoin has also moved from around 69,000 to 66,000 support, with almost no deviation.

Before each market crash, its trend is "confusing". The trend often goes up and down, making investors hesitant, because when everyone is going to fall, it is often not the time for a real market crash. Friends who have experienced 519 should understand that the ups and downs are brewing a big market crash.

The next test area for Bitcoin is the 66,000-63,000 range, and Ethereum is probably around 3,300-3,180. (The reason was hinted in yesterday's article) #BTC☀️ #ETH大涨

Many friends may not understand why the mainstream falls a little and the copycat starts to fall precipitously. Here, Lao Fu will tell you my personal understanding. In a downward trend, most investors are in a wait-and-see state. When there is no incremental capital entering the market, the market is a stock game. This means that except for a very small number of investors who have just experienced a big drop and losses, they are inexperienced and gambling-minded and tend to cover their positions immediately. Such investors will also run the fastest in a continuous decline, thus forming a fast-loss wave. The higher the net worth of the whale, the more cautious they will be in the face of a downward trend. In fact, when we calm down and observe the market, we will find that when the trading sentiment is low in the downward trend, retail operations have little impact on the market, and the market is dominated by high net worth, whales, and institutions. They will definitely give priority to mainstream coins, and the copycats will not fall because the high net worth did not bottom out, so they often form a small decline in the mainstream and a sharp decline in the copycat. The phenomenon of mainstream rebound and copycat stagnation. Only when the rebound trend is confirmed and the mainstream can no longer rise, can the copycat have a big trend. The cryptocurrency market is 7 times the buy-and-sell market

When trading, you should never let your emotions dominate. It is a must for every investor to look at the market calmly and objectively, otherwise the market will definitely give you a painful lesson.

That’s all for today. #BTC走势预测

#BTC走势预测 🔥
The market didn't fall much, but the altcoins fell to their grandmother's house. The mode of not accepting each other's orders led to a liquidity crisis, and the market has not yet been able to form a unified consensus.

Security incidents occur frequently, and everyone should pay enough attention to it. The security of the encryption industry is a top priority!

Lao Fu has been saying that this year's market is very fragmented, and the mode of not accepting each other's orders has prevented the entire market from forming a real consensus, and the result is the depletion of liquidity. In the end, everyone has seen that Bitcoin has not fallen much in the past few days, but the altcoins have fallen to the starting stage. Behind this trend is actually a lack of consensus. Unlike in 2020, everyone was playing DeFi, and DeFi was the consensus of the market, which attracted a lot of incremental funds to enter the market. This round attracted a lot of incremental funds, but these incremental funds were attracted to enter the market in the form of ETFs. Large institutions and large capital only recognize Bitcoin, so it is difficult to reach a strong DeFi consensus like in 2020, but I think this situation will definitely change, and the final strong consensus will definitely come.

This round of bull market in the crypto market:

1. Slow growth, not showing the money-making effect of the previous bull market;

2. Poor liquidity, most of the high-market-value altcoins except BTC have not reached new highs;

3. Lack of traffic, social media attention is far lower than in the previous bull market;

Before the non-agricultural data, Bloomberg predicted that the probability of a rate cut in September exceeded 65%

Non-agricultural data was released on June 8

Non-agricultural data showed that the US economy was much stronger than expected

Whether the US economy is really strong or just talking hard before the election

The possibility of a rate cut in September is already very low, and whether there will be a rate cut in November is also full of unknowns.

But we see that the market value of the pie has reached 9.65 trillion US dollars, and the total market value of the crypto market is about 18 trillion

It is the sum of the peak of the 21-year bull market (not including the continuous launch of new coins from 21 to 24 and the huge amount of unlocking and outflow by institutions)

How much capital volume is needed to continue to push upward? It may take a global interest rate cut to have enough volume to push it forward.
The crypto market needs liquidity too much. If there is not enough capital volume to push it forward, it can only go up and down and wash the market continuously.
At present, the interest rate cuts in Europe and Canada are just the beginning. The market has pulled up the market twice at a very fast speed, and the old-brand cottages have almost no performance.
The trend of MEME with small market value/volume can also show that the depth of the market is not enough, so it is necessary to constantly pull back to give more people opportunities to participate.
Reviewing the market this year, the big cake rose sharply in February and retreated from March to May. Ethereum pulled the market at the end of May and the beginning of June. The current rhythm of the market will enter a retreat again. The pin of the non-agricultural data on June 8th, Lao Fu judged that it might be a pre-fall before the decline.
One pin goes to the cottage leverage, and another pin goes to the cottage leverage after covering the position, and then the market enters the stage of accumulating power for the decline.
At present, friends should not be blindly optimistic and keep their wallets. When waiting for the big cycle tide to come, it is actually the time to make real money.