SnowBoy

$OFC Impact of the World Cup on Cryptocurrency
1. Bitcoin BTC Market Overview: Weak influence, does not change the overall trend
The World Cup hardly affects Bitcoin's long-term bull and bear cycles, only short-term capital diversion and emotional disturbance
• 2014 Brazil: Volatility during the World Cup, sharp decline after the event
• 2018 Russia: Bitcoin sideways and quiet during the tournament; after the event, capital flows back, Bitcoin surges
• 2022 Qatar: Coinciding with a crypto bear market, only slight fluctuations during the World Cup, no independent trend
• Core logic

Bear Market Phase 1: alts big dump, a large number of alts explode.
Phase 2: Bitcoin has been chopped in half, alts have at least corrected 90% from their highs;
Stage 3: Miners sell off, large institutions are liquidated;
Stage four: Multiple small exchanges collapse, and a major exchange collapses; during this stage, a mainstream public chain will also collapse.
Fifth phase: oscillating and shrinking volume decline exploding long contracts.
Then welcome the Bull Market with more short positions than long positions!

The position is liquidated, the loss is over, the circle is withdrawn, bye bye [sleep] [tears]

When I was three years old, I tightly held the lollipop in my hand and firmly believed that it was the most important.
When I was five years old, I spent a whole afternoon catching that dragonfly? At that moment, it seemed to be the most important thing.
When I was seven years old, I looked at the certificate in the hands of my deskmate with envy and a little bit of jealousy, thinking that it might be the most important thing.
When I was nine years old, lying on my back in the shade of a tree, with sun-dappled wine on my face, a leisurely summer vacation was so important to me.
At the age of t