As for investment in the currency circle, 70% of retail investors come from Asia, and South Korea ranks first in Asia. Having said this, I believe everyone can understand why we prohibit trading in currency circles. It can be seen from this that the economy of the currency circle is also a way for Europe and the United States to harvest Asia. A large number of giants gather in the direction of Europe and the United States, but retail investors are mostly in Asia. When the market reaches a certain level, there will definitely be a wave of harvest. Once Bitcoin falls below the 65,000 mark, it will announce that this bull market is about to end. Observe carefully, some of the small currencies that have taken off recently, especially Musk’s harvesting method, are very simple. He previously announced that Tesla will be settled in Bitcoin, and Bitcoin has skyrocketed. Recently, it was announced that dogs can directly buy Tesla, and Dogs It also skyrocketed directly.
This is the typical power of public opinion finance, and there are indeed many people following the trend. Lao Cui doesn't know how to evaluate them. He must have his own thinking to consider the entire market. At present, the currency circle has fallen below the support point. It depends on whether the dividing line between bulls and bears below can be broken. Once it falls below, the space below will be completely opened. There will definitely be a waterfall before Ether is listed. It depends on how the bookmakers allocate this harvest opportunity. From the perspective of the amount of funds, some people have already left the market one after another. It depends on whether the giants will leave simultaneously with a tacit understanding in the future. The depth of the decline will not be as deep as before. After all, the halving effect in the later period and whether Ether can be listed will give a boost. Therefore, as long as the lower point does not fall below, you can continue to be bullish. Once it falls below, you can turn around. The profit standard for short positions should be as close as possible to the depth of 3000-5000 for Bitcoin and the depth of 500-1000 for Ether.
At present, bearish thinking is still relatively far away. Lao Cui mentioned this method just to prepare everyone mentally. Don't be blindly bullish. While you are bullish, you must also be prepared to go short at any time to make yourself invincible. This is also a common method of capitalism. Finally, I would like to advise everyone not to gamble. Big gambling is harmful to your health! The current signal has a downward trend, which does not mean that the bull era is over. At least it is still in the bull space for now, but the dealers must be prepared to withdraw at any time!
