It seems that the big cake is going to be bullish again
The big cake is "bullish" again, and it has returned to above 65,000, which is basically consistent with yesterday's prediction. The market is always fluctuating repeatedly. It is more difficult to do it without a unilateral market, and a better mentality is needed. According to this rhythm, the short-term market will continue to go up, but the space may not be large. Next, it is likely to find a position to continue to go down.
With the sharp drop in the market, various arbitrage opportunities have gradually disappeared. Therefore, the bull market is not only about cherishing funds, but also about seizing the opportunity to make money. I believe everyone has experienced the bear market. The long wait has no income, and the hard-sought opportunities are turned around and given a slap in the face. This is the fundamental reason why I asked everyone to reduce their positions and keep funds for arbitrage before.
ETF dynamics, Hong Kong's 6 Bitcoin and Ethereum spot ETFs traded a total of about HK$60 million today. Although it is not comparable to the US side, it is basically not worth mentioning, but it is always a good thing to open up the compliance channel of the Hong Kong dollar. It may not be too good in the near future, but it is definitely a good thing in the long run. I hope there will be a day when funds will grow by leaps and bounds.
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