The large crude oil will soon be listed on the Universe Exchange Binance, gold and silver have already been listed, and U.S. stocks are gradually entering the crypto market, all competing for funds in the crypto market. Taking altcoins as an example, a market that originally had very weak liquidity will suffer even more, making it difficult for Bitcoin to rise and break through. It is bound to continue to explore the bottom, for several months? It is very likely.
In addition, U.S. stocks have been on-chain for several months, and even people from the crypto market have participated. The previous barriers of national borders have been broken, and the participating funds may have temporarily peaked. U.S. stocks may have also peaked, coupled with the current U.S.-Iran conflict, there is a high possibility that U.S. stocks will experience another decline. This war is a test of the technological industrial capabilities that the U.S. prides itself on. If the U.S. fails to pass this test, people will see the truth of whether America is declining, and thus there will be no excessive expectations for the future of U.S. stocks. A downturn in U.S. stocks will also be inevitable. It is unknown how many people entered the U.S. stock market at a high when it first went on-chain.
War has caused oil prices to rise, which may exacerbate the US debt crisis. The US debt continues to break records, and interest amounts remain high, leading to a fiscal deficit. The US government has faced financial shutdowns; even though it is the United States, where will it find the ability to repay later? The performance of the US fiscal policy has become desperate, and the defense has become very apparent. The US debt crisis is already showing signs.
The counterfeit is precarious, but will the core crypto assets priced in dollars $BTC appreciate or maintain their value due to the depreciation of the dollar? Even the outbreak of war has not caused it to drop, so have you started hoarding Bitcoin yet?
