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Brothers, today out of boredom I went to carve a boat to seek a sword, just looking at the chart of the carved boat. It basically shows a double top pattern that looks identical, indicating that this rebound is likely to end and the market will continue to decline. There is no reference point from earlier cycles!
In the current environment, all kinds of global assets—whether US stocks, precious metals, or even the big A-shares—are surging, except for the crypto market which has been weakening. Clearly, macroeconomic changes and risk assets are not suitable for it. The only reference we can rely on is the consensus we discussed two years ago. Now, very few people say that consensus is highly probable because of a series of policies and ETFs before 2025!
Anyway, carving a boat to seek a sword is not a feasible approach in this context. The main focus is to discuss with everyone!
#bnb #btc