In fact, the most noteworthy event this month is not only the Bitcoin halving, but also the verdict of CZ's money laundering charges on the 30th! From the perspective of conspiracy theory, you will understand the reasons behind this! In November 2023, he pleaded guilty to violating the Bank Secrecy Act for failing to maintain an effective anti-money laundering program. CZ's actions included failing to meet the prescribed anti-money laundering standards in Binance's operations. He has reached a settlement with the US authorities and agreed to pay $4.3 billion to resolve civil regulatory enforcement actions. According to the US sentencing guidelines, he faces a recommended sentence of 12 to 18 months. The impact behind CZ's verdict and subsequent factors are worth your careful consideration. If you don't just chase the rise and heat, stare at K analysis every day, and understand the news of a certain macro level in the currency circle, you will understand that clearing leverage and safely spending this month is the best choice! Look at these two points 1. Bitcoin halving is not an immediate bullish signal. The increase in miners' costs may cause selling pressure. The information about the size of miners must be taken seriously. 2. Why do I say macro news? In the past two days, the decision makers in the cryptocurrency circle have gradually shifted from miners to institutions. The original cryptocurrency mining bosses have gradually faded out of sight. Those who can compete with them, such as Afro and CZ, have been imprisoned one after another.
I can only say that the Internet is decentralized, but there are always capital and power institutions in reality. Cryptocurrency may not be the bubble economy of the past, but has developed into a behemoth with a market value of trillions. Its top traders have long become a group of capital and power that we cannot compare with.
This is the main reason why BTC bursts and the copycats do not move!
CZ's judgment and the recent series of bearishness, in fact, Brother Dao had already sung the Bitcoin halving in mid-March. He said that he was revising my mid-March article after the fact, and he published a lot!
Before the halving, it broke through the previous high. There are so many profit-taking orders, and the greater the pressure to sell,
In early April, the greed value was as high as 80%, and the more it fell recently, the higher the greed.
How can it be possible without washing the plate? Only fools would pull the plate directly.
At this price, it will fall if it is not pushed up. Therefore, the dealer does not need to smash the plate, but only needs to fall back if it does not support the bottom. So it is not wrong to say that the market was manipulated, and it is also right to say that they did not crash the market.
Brother Dao said that only 1% of people can get rich by luck, and the rest will have no way out. You have to clear it up. When you expect to get rich by contracts, think about whose money you are making.
Of course, if you play contracts well, this market is particularly suitable for rolling funds.
Again, if you haven't opened a position yet, if you come to me, I will take you ashore, and you just lie down.
Friends who deduct 8 in the comment area will take you to the Niu Village! (Free)
Brother Dao will not let my fans miss out in this bull market! This is the truth👈
#大盘走势 #BTC #Ong #ont