Today's Different Market Smash

Today's smash is different from last time.

The first is the time to smash the market. We chose Asian working hours to start smashing the market openly, instead of sneak attacks in the middle of the night when the Chinese people were asleep.

The second is to no longer engage in flash crashes, but to continue to suppress the momentum of bargain hunting.

After looking for some data, I found that one thing is indeed different from last time, that is, the net inflow of BTC spot funds that has been continuing for the past few weeks has turned from positive to negative for the first time.

Although the contract crashed last time, the inflow of spot funds was still positive, and it can be clearly seen that it was a long-washing leverage. What is leading this time is the continued outflow of spot goods, but we still don’t know who is shipping.

Although it’s a bit difficult to find the reason after the fact, I took a look and excerpted the views of a Coinbase analyst No. 11:

Brief:

• Cryptocurrency markets may face macro and technical headwinds in the near term, Coinbase said in a report on Friday.

• Short-term US financial market liquidity is affected.

• BTC is most likely to fluctuate within a narrow range before the halving.

Analysis: Coinbase analysts believe: Macroscopically, the expiration of the Federal Reserve’s Bank Term Financing Program (BTFP) on March 11 will reduce market liquidity. In addition, declining cash reserves among fund managers, combined with end-of-quarter rebalancing, may limit liquidity. The cumulative net growth of BTC ETF is three times that of BTC held by miners. The cyclical effect caused by the halving may be weakened as a result, and BTC is most likely to fluctuate within a narrow range before the halving.

In short, two take away:

1. Reduce or refrain from using leverage in recent days, including mortgage borrowing

2. Use spot orders to receive pins, plan the amount of funds received according to the pyramid, and give priority to strong currencies such as $SOL $BNB when buying bottoms.

3. It’s still in the bull market cycle, so it doesn’t matter if you are trapped in spot stocks. It’s also good to divert your attention and stop staring at the market. Touching grass is also good.

Or, maybe work on some projects that you didn’t have time to work on before.

$BTC #热门话题 #暴跌

Keep Safe

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