The trading framework is different
In 2023, it was also high interest rates, but the trading framework was Bitcoin and Ethereum ETFs. Most people just waited for prices to rise before hoping for rate cuts and for the halving.
This time it’s the midterm elections and the U.S.-China meeting.
Over the past two months, I’ve kept emphasizing the midterm elections, the U.S.-China meeting, and repairing “black swan” risks.
As for rate hikes and rate cuts—doesn’t Bitcoin also rise from 150,000 to 1.2 million while riding high interest rates?
Other than being afraid of being “stabbed,” there’s really nothing else.
For these past two months, I’ve been saying: it looks high in the market, but if you go back to 2021, most coins are at their lowest level in five years.
With such a low bottom, there isn’t anything particularly special.
Last October was really too damaging…
$BTC $ETH
In 2023, it was also high interest rates, but the trading framework was Bitcoin and Ethereum ETFs. Most people just waited for prices to rise before hoping for rate cuts and for the halving.
This time it’s the midterm elections and the U.S.-China meeting.
Over the past two months, I’ve kept emphasizing the midterm elections, the U.S.-China meeting, and repairing “black swan” risks.
As for rate hikes and rate cuts—doesn’t Bitcoin also rise from 150,000 to 1.2 million while riding high interest rates?
Other than being afraid of being “stabbed,” there’s really nothing else.
For these past two months, I’ve been saying: it looks high in the market, but if you go back to 2021, most coins are at their lowest level in five years.
With such a low bottom, there isn’t anything particularly special.
Last October was really too damaging…
$BTC $ETH
