Didn't everyone say that war is good for the cryptocurrency market? Why are they all blaming the crash on the conflict? Isn't that a slap in the face?

In the cryptocurrency circle, learning ability is very important. Instead of staring at the market every day, it is better to read more articles written by industry leaders on Medium and learn how they can understand the industry. Of course, you must also have your own judgment. You can't trust everyone's words.

Hasey, co-founder of BitMEX Exchange, published an article called "Heatwave" on April 9. It elaborated on his point of view: the market may fall between mid-April and May 1, and then there will be a violent bull market in May.

The reason is also very professional: the article points out that April 15 is the tax due date in the United States. A series of operations will increase the balance of the Treasury General Account (TGA). The increase in the TGA balance means that the funds of these banks and financial institutions are temporarily withdrawn from the financial market, thereby reducing the liquidity available for other economic activities. However, these funds (hundreds of billions of dollars) are likely to be used by the government and central banks to stimulate the economy in early May. They have to do so because this year is an election year.

The content of the article is very hardcore, and I only gave a rough description, but the recent market performance and the gradually sluggish liquidity really make me believe the point of view of this article.

I think the most embarrassing one is Satoshi Nakamoto. His original intention of inventing this Bitcoin system was to decentralize. However, at the market level, the price of Bitcoin is deeply affected by the policies of the US government and the central bank.