A new week has started.

Last week, there was a lot of bloodshed, and this week we are mainly waiting for the blood to return.

Let's summarize what happened last week.

1️⃣ The conflict between Iran and Israel has cooled down.

Although Israel was still attacking Hezbollah in Lebanon yesterday, it was a small-scale conflict and would not affect the overall situation.

2️⃣ From the data on the chain, there is enough stablecoin in the exchange, and the amount of BTC flowing into the exchange has decreased a lot after the halving.

3️⃣ As BTC fluctuates up and down every day,

the US government will increase its debt by $1 trillion every 100 days, and the current US government debt has reached $34 trillion.

4️⃣ In the next five years,

the trillions of dollars on the global balance sheet will depreciate significantly or become worthless.

The US government can repay its debts by printing money,

but this will lead to a surge in money supply.

Against this background, gold and BTC will rise in the long term.

5️⃣This week, pay attention to several important economic data released on Friday: PCE and consumer confidence index, one-year inflation rate expectations

6️⃣As I said yesterday, if the data is bad for the cryptocurrency market, it will not affect it, because the expectations of interest rate cuts have dropped to the freezing point, and it can't get any worse.

But if the data reverses market expectations, BTC will challenge new highs.

Summary: Therefore, you can still buy BTC now,

ETH is considered digital silver, and you can also buy it. At present, a 60% position is recommended. Brothers who bought the bottom a few days ago should hold it patiently and don't be scared away by short-term fluctuations. In the short term, it still has to fluctuate, so everyone can ambush if they can. Many currencies have opportunities. If you want to know more about the relevant knowledge of the cryptocurrency circle and first-hand cutting-edge information, click on the avatar to follow the sponge, which publishes market analysis and recommends high-quality potential currencies every day. ”