Phyrex
Phyrex|Feb 17, 2025 20:06
Today marks the first day of our small gathering. Fortunately, Monday is a US holiday, which can be considered a lazy day. The following week will be quite busy. Fortunately, there are no important data this week, so we won't be too flustered. Today, the most talked about topic in our small gathering is the market, including our short-term and long-term views. Long term friends are very optimistic about Bitcoin, but in the short term, everyone is different. If we can just say the common point is that there are still some expectations for Q1 and Q2, especially for the market before April, but according to the past experience, it may not be optimistic after April. Of course, these are the past experience. According to brother Wu @ qinbafrank, Trump is the biggest variable, and even he may not know what he will say tomorrow and how the market will estimate. It can only be based on past experience and taking one step at a time. Predicting the upper and lower limits of prices in this cycle is not very meaningful. What should be paid more attention to is whether investors are sensitive when the economy undergoes cyclical changes, which is also the macro importance of this cycle. Wherever the money is, people will be there. Once the effect of making money decreases, people naturally cease to exist. Today, Brother Wu also mentioned a viewpoint that I think was described very accurately. If the previous trend was a tailwind trend, the current trend is a gust trend, causing the market to fluctuate up and down one after another, which is also difficult to predict. Returning to the data of BTC itself, it is still no different from the regular garbage time. The turnover rate is still not high, and a large number of investors still have low buying and selling sentiment. Although the price fluctuation has increased slightly compared to the weekend, it still maintains support between $93000 and $98000, and there are more and more chips in this area. In the short term, there is still not much risk seen. The garbage time is like this. Let's see if there are any further policy and macro measures that can stimulate investors. In addition, the short-term price still depends on the stance of American investors. Data has been updated, address: https://docs. (google.com)/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit? usp=sharing This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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