Global asset prices continue to rise, reaching new highs, while the Crypto Assets market has stagnated overall in the past four years, even showing signs of regression. Despite the Fed's recent significant release of liquidity, risk assets are typically very sensitive to such signals—but this sensitivity is not immediately reflected in the market data; it often begins at the moment triggered by price fluctuations.

Looking back, after experiencing a correction of about 30%, Bitcoin usually enters a consolidation period of around three months. If we calculate from the beginning of October this year, the current fluctuation is close to this time frame, and it is expected that the market will likely break out of the fluctuation structure in about ten days.

Currently, there is a large accumulation of short liquidity above, and over the past year, the main funds have basically liquidated long liquidity through repeated washouts while accumulating a considerable scale of short positions.

We might as well keep observing; the short-term tug-of-war between bulls and bears is like fuel, and it is advisable to view this competition with a calm perspective.
#金融 # assets #BTC # Crypto Assets #ETH