$BTC $ETH
Now I’m not so sure whether the bull market is really here.
U.S. stocks and bonds both got hit hard and fell sharply, but BTC and ETH, instead, pumped violently.
What does that mean?
I’m a bit confused.
U.S. stocks and bonds both got hit hard and fell sharply.
But BTC and ETH, instead, pumped violently.
To put it simply, there are mainly three things.
U.S. Treasury expectations easing + favorable regulatory signals + short-sellers getting squeezed and getting liquidated.
But looking at it now,
a big wave of rebounds doesn’t necessarily mean the bull market has arrived.
The market action is moving too unusually right now.
If U.S. Treasury yields break to new highs again,
this rally might be reversed at any moment.
I hope it’s a real bull market.
Brothers, what do you think?
#BTC☀ #ETH
Now I’m not so sure whether the bull market is really here.
U.S. stocks and bonds both got hit hard and fell sharply, but BTC and ETH, instead, pumped violently.
What does that mean?
I’m a bit confused.
U.S. stocks and bonds both got hit hard and fell sharply.
But BTC and ETH, instead, pumped violently.
To put it simply, there are mainly three things.
U.S. Treasury expectations easing + favorable regulatory signals + short-sellers getting squeezed and getting liquidated.
But looking at it now,
a big wave of rebounds doesn’t necessarily mean the bull market has arrived.
The market action is moving too unusually right now.
If U.S. Treasury yields break to new highs again,
this rally might be reversed at any moment.
I hope it’s a real bull market.
Brothers, what do you think?
#BTC☀ #ETH