Now in the cryptocurrency circle, you only need to pay attention to one indicator, which is the inflow of funds from ETFs (other indicators are paper tigers. Similarly, in 21 years, pay attention to Grayscale's purchase volume and USDT issuance). If it slows down significantly for several consecutive days, you should pay attention to the risk of callback. If you encounter a large callback and the inflow of funds has not increased significantly, you should pay more attention. #大盘走势
The conclusion is simple. As long as the ETF continues to flow in, Bitcoin will continue to rise. Unless the mood is crazy and it rises too much in a short period of time, the part that rises too much will return to value.
The recession is still a nuclear-level negative for Bitcoin and a nuclear-level negative for the global market. It will directly affect the market sentiment and the inflow of funds from ETFs at the same time, and even turn the inflow into a continuous outflow (now is not 3 years ago, the Bitcoin bought by Grayscale can only become GBTC, fighting each other in its own pool, and finally at the end of 22, it was beaten to a negative premium of nearly -50%). Then, it will be the time for the trend to reverse. $BTC
For ordinary market participants like us, if there is another opportunity like that, please cherish the cheap pie!
Let me say it again. Now it is just a wash! ! Deleverage and eliminate bubbles! It will be even better after the wash! $BTC $ETH
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