Market analysis: high returns do not mean high risks, the investment logic behind ETH

market news

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market newsNasdaq Launches "Market Service Platform" to Help Clients Manage Digital Assets and Token AssetsAccording to the official website, Nasdaq announced last week that it will launch a SaaS-based digital asset component called "

Market service platform

2、", the platform aims to help companies build a financial tool using distributed ledger technology, allowing customers to better issue, trade, and manage digital assets and token assets.

It is reported that in addition to Nasdaq, the supporters of the platform include Microsoft, Digital Asset, R3, and Symbiont. At present, Nasdaq has more than 120 financial service customers around the world. Through the Microsoft Azure cloud, the "market service platform" can reach most of the companies in the S&P 500.Bloomberg: Rising correlation with gold and growth in institutional adoption will drive Bitcoin uptrendThe growing relationship with gold is the driving force behind Bitcoin's price rise.

News commentsBitcoin has the longest correlation and beta coefficient relative to gold in 52 weeks. Driven by the unprecedented easing policies of central banks around the world, Bitcoin will continue to rise for reasons similar to gold. "

News comments: The biggest advantage of a free market lies in its inclusiveness. Since I can’t kill you, then I will become friends with you. Since there is no economic value and meaning in not being an enemy, then choose to be friends and share benefits together. This is one of the greatest advantages of Western ZBism., I have talked about this issue countless times before. If you are only an investor in a single market, you will be like a small boat in the turbulent global capital market behind you.

BTC market analysis

secondary titleBTC market analysisSince BTC is increasingly correlated with traditional capital markets such as U.S. stocks and gold, we have to focus on the trend of U.S. stocks.

The fundamentals of US stocks are now affected by the second wave of the epidemic

, everyone continued to panic, so the US stock market fluctuated greatly during the Dragon Boat Festival.

Many people think that the U.S. stock market is about to fall again, like the previous sharp drop in March.

We have analyzed before that the second recurrence of the epidemic is something that all economies in the world have expected. As expected, the black swan market will be unexpected.Therefore, in terms of market expectations, funds are already prepared to avoid and respond, so there is no need to panic at this stage. But you will ask me again, why did the U.S. stock market fall by another 800 points? The U.S. stock market has grown tremendously since it fell, and the participation of retail investors in the U.S. stock market is higher than historical levels at this stage. The result of too much profit for retail investors is of course profit-taking, so some fluctuations are normal.It is unlikely that there will be a decline and decline like that around March. First,There is no liquidity crisis in US stocks now。

So will BTC plummet? Do you want to buy the bottom after a big drop? The logic is very clear. I won’t elaborate on the short-term. I already talked about the strategy yesterday. In the long run, we are long dead! Because global trade problems will become more and more serious, although geopolitical problems are unlikely to erupt, they will always exist and friction will continue.

ETH market analysis

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ETH market analysis

Let’s talk about ETH. Before the emergence of large-scale commercial applications, that is, before there is no revolutionary breakthrough in technology, it is a mainstream cryptocurrency. It only has the functions of financial intermediation and transactions. To put it bluntly, it is a bargaining chip with consensus. , which has no value other than that.

Once it has a technical breakthrough, it has the function of taxation, and its own value will rise with the taxation attribute.Don't be pessimistic in the long run, value needs a huge opportunity!

Unified analysis of XRP, LTC, EOS, BCH market

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Unified analysis of XRP, LTC, EOS, BCH market

After understanding the above analysis, you will understand why I have repeatedly emphasized to everyone not to speculate in these junk assets in a bear market. The mainstream is not attractive, will the funds be diverted to non-mainstream currencies?Funds are the smartest water flow, and it must flow towards the highest-yielding and safest pool!One last word to everyone,