The real bottom forms amid panic. We can all agree on that now, right?
Yesterday, the midterm election results were finalized, and the Democrats scored a major victory. So why is the market still going up?
Because the market always trades on expectations. Before the data is released, it has already been pricing in the negative factors.
So even though the Democrats won, that won't affect the market trend. On the contrary, long positions have been quiet for too long, and institutional funds are starting to flow in and add to their holdings.
$ETH Spot ETFs have finally seen positive inflows (institutions Grayscale, BlackRock, and Fidelity all added to their holdings).
The bull market is here. No one can stop it.
More importantly, a lot of long positions were shaken out during this period of sideways trading. Then FOMO kicked in and people opened long positions, and as a result, U.S. stocks surged as soon as the market opened last night.
I said this move would bring big gains. Hang in there, guys!
#eth
Yesterday, the midterm election results were finalized, and the Democrats scored a major victory. So why is the market still going up?
Because the market always trades on expectations. Before the data is released, it has already been pricing in the negative factors.
So even though the Democrats won, that won't affect the market trend. On the contrary, long positions have been quiet for too long, and institutional funds are starting to flow in and add to their holdings.
$ETH Spot ETFs have finally seen positive inflows (institutions Grayscale, BlackRock, and Fidelity all added to their holdings).
The bull market is here. No one can stop it.
More importantly, a lot of long positions were shaken out during this period of sideways trading. Then FOMO kicked in and people opened long positions, and as a result, U.S. stocks surged as soon as the market opened last night.
I said this move would bring big gains. Hang in there, guys!
#eth