I finished going through the charts this morning and organized my thoughts.

Recently, the CIO of The digital asset manager said that large capital pools control as much as $200 trillion of funds globally, and that if even 1% of it shifts toward Bitcoin, it could unlock tremendous long-term growth potential.

This kind of claim has made people feel optimistic about Bitcoin’s future—especially since Bitcoin’s price is currently around $64,854.01, down just 0.08% over the past 24 hours, with a high of $65,192.54 and a low of $64,809.73.

However, I personally think this optimism may be exaggerated, because Ethereum’s price is $1,916.71 and has risen 0.18% over the past 24 hours, with a high of $1,926.72 and a low of $1,912.27—this could indicate some subtle changes occurring in the market.

My stance is bearish, because I believe the market may be in a bubble and that a sharp drop could happen in the short term, especially if BNB’s price is $601.14 and has jumped 1.66% over the past 24 hours, which could reflect speculative behavior.

#看空 #币市 #风险投资 💸
#交易风险
🔥