Good morning!
I saw several people saying that this year’s market conditions are somewhat similar to the second half of 2019. It seems that I’m not the only one who has this feeling!
So the question is, the last bull market was a bull market when most people had no knowledge of it, but now everyone’s knowledge has increased and they are all waiting for the same script!
Well, if history is repeated, wouldn't that be giving money to everyone? So, does the market need to replicate history to start, or does it need to change history beyond cognition and expectations to be suitable for the start of a bull market?
The market is very strange now. The US stock market keeps hitting new highs, but the cryptocurrency market keeps going down. Who is behind this? You may think that Wall Street or some institution has given up on the cryptocurrency market, but this is absolutely not true.
Just because there are better targets in the market now, limited funds need to be invested in areas with greater money-making or value-preserving effects, just like many investors will have at least half of the first and second positions, and gamble on copycats or a small amount of new stocks on both levels, and keep the remaining funds to deal with market risks!
So this is how the market is. Wherever there is a money-making effect, there is liquidity. It is not difficult to continue to push up the market if there is enough liquidity. Giving up is simply impossible. It is just a matter of choosing the more profitable target within limited funds!
The current market macro level is still quite good, so the next rise in the cryptocurrency market only requires waiting for the next liquidity shock. #BTC #ETH