"Wild willows and flowers brighten another village", or "sit up in a dying sickness"? ｜Market analysis

特邀专栏作者

2021-05-25 11:47 (UTC+8)

This article is about 836 words, reading the full article takes about 2 minutes

The risk of liquidity fluctuations behind the global currency flood is exacerbating the volatility of the cryptocurrency market.

AI Summary

Expand

The risk of liquidity fluctuations behind the global currency flood is exacerbating the volatility of the cryptocurrency market.

BTC market analysis

secondary titleBTC market analysis。

Let’s look directly at the news level. After Musk finished Dogecoin, he is now taking advantage of the control of Bitcoin mining on the east coast of the Pacific Ocean. He has opened the Bitcoin Mining Association and is preparing to take over the shift of the focus of the global mining business. Then Bridgewater founder Comrade Dalio announced his holdings of Bitcoin. USDT was issued an additional 6 billion, USDC was issued an additional 10 billion,

The risk of liquidity fluctuations behind the global currency flood is exacerbating the volatility of the cryptocurrency marketAfter reading the news, let’s go back to our analysis. Now the market has started to release all kinds of water, and then released good news. There has also been a certain rebound in the market. Many people and friends have forgotten how terrible the experience of the previous two weeks was. Although we reminded everyone yesterday that the short-term risks have been almost released, and there has been some rebound after the bad news has been exhausted, we still believe that there is no reversal. Why?。

It is also because the expectation of the interest rate hike policy that we analyzed before is hanging over the head, and the funds that the institutions have fled have not entered the market so quickly and on a large scale. Maybe everyone has some positions in the previous falling range. But as we analyzed yesterday,

This position can be used for long-term positions, but it is impossible to reverse directly. In the long run, it is necessary to make real plans in units of years, such as 0.5 years, 1 year, and 2 years

Many people did not run in the previous big drop. In the fantasy of the bull market, they were killed. If they rebounded, the shock would only make this group of people avoid danger and leave the market first. This kind of rescue market will lead to A large amount of money enters the market, otherwise it is impossible to reverse the market.There are signs of a callback in the rebound 1H cycle - 4H cycle or more, that is, lighten up。