There is a phenomenon worth paying attention to here. Since the breakthrough in April, there has been almost no upward insertion of bitcoin contracts, which indicates that the market depth is increasing. At this time, we need to comprehensively consider the hidden dangers of the big cycle.
When the price cuts into the area between 5800 and 6800, it also enters the early intensive transaction area, where the routine chip needs to be paid attention to.
Why should we think bitcoin can get out of the bull market without fundamental changes?
Take a look at the market fundamentals:
The initial trigger for the drop below $5,800
1. Etf cannot be approved for a long time and the incremental funds in the market are insufficient
2. Intensified regulatory policies in various countries and increased risks for traders
3. Bikkt fails to fulfill its promise
4. The project party is short of money
Given all these factors that have caused bitcoin to plunge, are these problems now resolved? If not, the market price has come back, how do you think to go?
Strategy: maintain spot positions, open hedging, waiting for the arrival of short opportunities
When the price cuts into the area between 5800 and 6800, it also enters the early intensive transaction area, where the routine chip needs to be paid attention to.
Why should we think bitcoin can get out of the bull market without fundamental changes?
Take a look at the market fundamentals:
The initial trigger for the drop below $5,800
1. Etf cannot be approved for a long time and the incremental funds in the market are insufficient
2. Intensified regulatory policies in various countries and increased risks for traders
3. Bikkt fails to fulfill its promise
4. The project party is short of money
Given all these factors that have caused bitcoin to plunge, are these problems now resolved? If not, the market price has come back, how do you think to go?
Strategy: maintain spot positions, open hedging, waiting for the arrival of short opportunities
30年的A股投资经历，水平虽然不高，但经验足够丰富。熊市避坑，牛市逃顶，对于新手可能有所帮助。
需要每日分析，请搜索微信号peter-tqbj，需要股市投资建议搜索星球{抱团取暖，迎接A股牛市}，或者星球号64802450
需要每日分析，请搜索微信号peter-tqbj，需要股市投资建议搜索星球{抱团取暖，迎接A股牛市}，或者星球号64802450
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
30年的A股投资经历，水平虽然不高，但经验足够丰富。熊市避坑，牛市逃顶，对于新手可能有所帮助。
需要每日分析，请搜索微信号peter-tqbj，需要股市投资建议搜索星球{抱团取暖，迎接A股牛市}，或者星球号64802450
需要每日分析，请搜索微信号peter-tqbj，需要股市投资建议搜索星球{抱团取暖，迎接A股牛市}，或者星球号64802450
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.