#美国以太坊现货ETF开始交易
It is now July 2024. The currency circle is currently in the middle of a bull market. The reversal of the market is expected to officially start at today's low or early next year.
1. The interest rate cut at the end of 24 will provide sufficient liquidity support for the market in 25 years!
The rise in prices cannot be separated from the support of funds. If the market generally lacks funds, what is the big bull market?
Just like now, why does Bitcoin rise to around 70,000 and can't go up? I think: From 30,000 to 70,000 in one breath, it really consumes too much market funds, and lacks more liquidity, which leads to the current situation. 70,000 rises to more than 100,000, and the heat-dissipating funds are huge!
This is also the reason why the general rise of cottages is not strong enough and the decline is huge. Bitcoin and Ethereum have consumed a lot of long funds, and cottages have little liquidity to promote the rise!
So if the currency circle wants to wait for the violent bull market, perhaps after the interest rate cut is officially implemented, it may be possible to start!
2. The landing of BTC and ETH ETFs will bring traditional funds to the currency circle, that is, old money, which only recognizes BTC.
At this stage, ETFs for Bitcoin and Ethereum have been listed. We can see that institutions led by BlackRock° and Fidelity are constantly buying Bitcoin. Old institutions only recognize Bitcoin and Ethereum. Traditional funds will not choose to buy altcoins at all. Therefore, in the mid-term of the bull market, they are limited by the lack of liquidity and the risk preference of old funds: only buy BTC ETH.
This will cause a phenomenon: BTC and ETH will rise sharply, the altcoins will rise, BTC will pull back, and the altcoins will fall sharply! This is a typical performance in the mid-term of the bull market.
When the expectations of ETFs are fully implemented, the old funds will fully build positions, and BTC will rise to 80,000 or even 90,000, market funds and institutions will free up their hands to operate altcoins. You will see the arrival of the altcoin season, that is, when you buy a hundred times the currency. Now the main force will only hype Bitcoin! !!
Remember Bitcoin, if you can't create new highs continuously, the big bull market of altcoins will not come! !!
3. The general rise of the copycat is short-lived, the increase is rapid, and the decline is huge. You must bet on the track in advance.
The copycat season is short and fast. Generally, the increase will be completed in 3 months, and the later period is the peak stage. So don't fantasize about holding a copycat all the time. You must ambush in advance and be prepared to stop profit at any time.
