$BTC $ETH $BNB
The monk discusses the cryptocurrency market: Trends are king, and layout for the future.
"In the world, everyone is here for profit; in the world, everyone is here for gain." Hello everyone, I am Lao Cui, focused on analyzing cryptocurrency market trends and conveying real and valuable information from the crypto world.
Recently, interest rate cuts have landed, yet the cryptocurrency market is fluctuating against the trend, causing many friends to question the analysis logic. In reality, the main upward wave of last year's bull market has passed, missing the 60,000-100,000 node, and this round of gains is already limited. The current market situation is one of range accumulation, laying the foundation for the next bull market. Small cryptocurrencies are struggling to make waves upon listing, and the stimulus from interest rate cuts has a delayed effect, compounded by domestic and international negative factors, resulting in weak market confidence.
Funds are dispersed, and regulation is fragmented, with intensified volatility from the giants' games. BlackRock and MicroStrategy are difficult to synchronize, the market is stabilizing but uncertainty is rising. The monk accurately predicted Bitcoin breaking 100,000 last year, and this year focuses more on trends and value. The global wave of liquidity is rising, the US dollar is expanding its balance sheet, Japan is raising interest rates while still printing money, and domestically there are flexible reserve requirement cuts; holding cash is not as favorable as following the depreciation trend.
USDC continues to be minted, Tether's gold reserves have hit a new high, and the crypto world is accumulating energy. The monk believes that this year is for solidifying the foundation, while next year will be the year of explosion. Contract users are focused on the battle for the 90,000 mark, short-term may lean bearish, but long-term remains firmly bullish. The spot has been pledged for half a year, waiting for spring to come. Investment is like chess; those who strategize win, do not fight for temporary gains or losses.
