The World Cup is over. U.S. stocks are currently overvalued, while the crypto market is currently undervalued. If capital has to choose, I don’t think it would go catch the knife of U.S. stocks—instead, it would embrace the crypto market. In the short term, I’m bullish on BTC and mainstream coins. Over the past two weeks, U.S. stocks, South Korean stocks, Taiwan stocks, and A-shares have all fallen sharply, but the crypto market hasn’t moved at all. I guess a lot of people have been buying at the support levels all along; then when it starts to rise, won’t there be a bunch of “prime ministers” coming back to step in and take the bags? 😆

BTC-1.61%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned