Pigeon says: God is defending Bitcoin It's hard to imagine something happening now, when the US stock market experiences a thousand point drop, while Bitcoin holds on and even begins to rebound, it has to be said that people are beginning to doubt whether the correlation has decreased. --------- Did it fall earlier, so it won't fall now? After reading many people's topics, the reason why Bitcoin is currently strong is because it fell early, while the US stock market has only started to decline, so it is not falling now. Let's clarify the logical sequence. When did Bitcoin start to decline? It reached its peak on 1.20 and began to oscillate downwards, then fell all the way to 3.11 and reached its recent low around 76600 before rebounding. What happened during this period? After the Trump launch+Trump officially took office on January 20, the liquidity in the circle began to be drained, and no good was seen, so it began to decline all the way. When did the US stock market start to decline? It started oscillating around December 16th and continued to decline until February 18th. What happened during this period? The Federal Reserve released the voice of suspending interest rate cuts. Trump came to power and began to issue a series of administrative orders, including not limited to tariffs, ending the war and making interest rate cuts invisible. So in fact, the logic behind Bitcoin's previous decline and the initial decline of the US stock market are different, both due to their own reasons. The recent decline in the US stock market is due to the issue of tariffs, while Bitcoin's continued decline can only be said that some people are really thinking about the concept of "digital gold". So it's not that Bitcoin fell earlier, it's that the US stock market started brewing a decline earlier. It's just that Bitcoin people rushed to run, and now it's just because someone is "speculating in gold". ---------- Is digital gold finally going to get hard? Gold in troubled times, gold that has been talked about for so long, is indeed rising every day and always reaching new highs. Now I only regret one thing, which is that I bought less gold when I got married, and even bought more, it increased by 2x, 😭。 According to my aunt @ shirleyusy, who is a few months pregnant, when the Bitcoin war comes, you don't need to run with anything, and running with gold is easy to be targeted 🤣。 It should be noted that in recent years, Bitcoin has never had any "safe haven" properties, making it the most vulnerable "safe haven tool". Therefore, every time "digital gold" is mentioned, it is a deceptive term. When war comes, gold rises and Bitcoin falls; When inflation comes, gold rises and Bitcoin falls; When tariffs come, gold rises and Bitcoin falls; This time, gold rose, Bitcoin did not fall, and the US stock market fell. So the different logic among the brothers this time is that the 'fundamentals' have changed? After all, everyone is now saying that gold is better than the US dollar and Bitcoin is better than gold, so now the three poles are here. So it depends on how many people have ideas about Bitcoin, how many institutions, and how many countries. After all, the significance of gold is collective empowerment, not individual group empowerment. --------- History is always astonishingly similar Those interested can actually take a look around March 12th, 2020, when gold, US stocks, and Bitcoin all fell. At that time, many people thought it was a chaotic era of gold and talked a lot about it, while the US stock market had been falling and had already blown several times, while Bitcoin was actually quite hard, but suddenly it was just unplugged from the network. So whenever someone says it's hard enough, I can only say it's because a big wave is brewing. It's like this time the famous trader @ 0xENAS said, 'God is protecting Bitcoin,' and then he started reducing his position 😂。 So sometimes it's not about what people say, it's about what they do. Of course, without a real deal, it's only clear to oneself whether to reduce or not. So I actually think that as long as the US stock market keeps falling, Bitcoin will definitely fall. After all, you wouldn't really think that most funds are seeking "safe haven" in crypto, would you. So don't be careless, you should pay attention to risks. Anyway, if you lay flat, you can reduce leverage. It's better to lower the interest rate with peace of mind. Trump does not release water. It's hard for Trump to resist the bro. So, in this garbage time, does anyone want to earn points and become an All Star player?