1. BTC market analysis
Last night, two incentives caused BTC to fall all the way, testing the market bottom of 50,000-51,000 again.
(1) The cosmic strongman, the leader of Mars, Mr. Musk’s road warship Tesla, has decided not to accept BTC as a form of payment out of carbon neutrality and global environmental considerations.(2) The second incentive is "The Dow fell more than 600 points to a new low since April 13. The market showed that the decline in US stocks continued to expand. The Dow fell more than 600 points to a new low since April 13. The Nasdaq fell about 2.6 %, the S&P fell by about 2%." US stocks and BTC are closely related to each other, which we have analyzed before.Two incentives, we think the most important incentive must be the influence of Musk, the current cryptocurrency world is still dominated by influence and the power of IP, just like NFT, this is a process that the cryptocurrency world must go through, It is also an inevitable pattern state. The pattern of "centralization, personal IP, and pure decentralization" will exist for a long time in the development process of blockchain, especially in the middle and early development process.In the short term, the technical problems of BTC, yesterday's judgment, wrongly estimated that BTC will perform strongly, thinking that it will go up to around 60,000, and the depth of the correction is expected to be above the center of gravity of 55,000-56,000. As a result, Mr. Ma’s words made BTC fall to the altar. I believe that many analysts will come out and say that many subsequent institutions will follow Musk’s example and refuse BTC payment. Then the future situation will be that BTC will fall from the altar. The era of BTC passed.If so, we will be very happy, because we have the opportunity to launch a new fund to pick up BTC at a low level again,
What is the real value of BTC? Certainly not a question of consuming fossil fuels.
Make a technical judgment and relieve everyone’s melancholy. I can be sure that the people who lost money in this wave must be fans of the DOGE coin brought by V God. The old leek basically didn’t lose much money, and he firmly held some targets, such as ETH and BTC , DOT, LINK, SNX, UNI... Everyone with a discerning eye knows that they are all leaders, various applications + consensus.The strategy is: prepare for a rebound and increase the small position, keep the bottom position unchanged, and make a swing.2. ETH market analysis
ETH is no longer analyzed, and the position is increased to make swings, and the bottom position does not move.