Two days ago, everyone was still saying: “The crypto market has no liquidity now. All the money in crypto has gone to US stocks. There’s no money in the market—so how could Bitcoin possibly rise?”
And I’ve been emphasizing: “In August, we’ll first see a spike, around 70,000, maybe 72,000.” How did I判断? The market needs to go against human nature. Everyone is waiting for the last drop, so the market is likely to spike up first—killing most of the shorts—creating a false impression of a bull market. People then start saying, “The bull market is here—go, go, go!” and then it comes with a rapid plunge. After wiping out the longs, you get a rapid surge again.
I’ve never believed that if liquidity disappears, prices will necessarily fall—because liquidity can return instantly. Price moves depend on sentiment and the contrarian, anti-human-nature tactics of the market maker. Liquidity is something the market maker lets people see.
In the previous phase, AI and storage stocks were on fire—everyone went to US stocks. So all the “liquidity” people talked about went there. What happened then? A 50% crash in a month.
Now think carefully about one question: is it really that liquidity has dried up—which makes it the best entry point? Should trading be done against human nature? If people think liquidity is gone, so they all start waiting or selling—who exactly is buying?
Who benefits from a sudden breakout surge? If you don’t believe me, just watch. Soon everyone will be saying: “Liquidity has come from US stocks back into the crypto market!”
And I’ve been emphasizing: “In August, we’ll first see a spike, around 70,000, maybe 72,000.” How did I判断? The market needs to go against human nature. Everyone is waiting for the last drop, so the market is likely to spike up first—killing most of the shorts—creating a false impression of a bull market. People then start saying, “The bull market is here—go, go, go!” and then it comes with a rapid plunge. After wiping out the longs, you get a rapid surge again.
I’ve never believed that if liquidity disappears, prices will necessarily fall—because liquidity can return instantly. Price moves depend on sentiment and the contrarian, anti-human-nature tactics of the market maker. Liquidity is something the market maker lets people see.
In the previous phase, AI and storage stocks were on fire—everyone went to US stocks. So all the “liquidity” people talked about went there. What happened then? A 50% crash in a month.
Now think carefully about one question: is it really that liquidity has dried up—which makes it the best entry point? Should trading be done against human nature? If people think liquidity is gone, so they all start waiting or selling—who exactly is buying?
Who benefits from a sudden breakout surge? If you don’t believe me, just watch. Soon everyone will be saying: “Liquidity has come from US stocks back into the crypto market!”