Post
舒琴
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Has the Wall Street bottom-fishing power arrived? ETF funds are aggressively buying Bitcoin. Is the situation about to improve? Let's take a look.
1. As shown in the picture, the Bitcoin ETF saw a significant influx of funds for bottom-fishing after crashing last Friday, allowing the market to stabilize around 70,000. Is this the bottom now?
2. In fact, the logic of Wall Street asset management companies is different from what many people think. They are not focused on buying at the bottom; they are also willing to buy halfway up the mountain. After all, Bitcoin will eventually go to 150,000 to 200,000 in a few years, so buying at over 60,000 is acceptable for them.
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3. Because Wall Street has a very low return rate (RRR), the average stock index rises 10% in a year, and a fund earning 15% in a year is considered to have beaten the market, which indicates it's a good company. So it’s not surprising that they started buying at 60,000, as they are not pursuing bottom-fishing but rather accumulating at lower prices.
2. In fact, the logic of Wall Street asset management companies is different from what many people think. They are not focused on buying at the bottom; they are also willing to buy halfway up the mountain. After all, Bitcoin will eventually go to 150,000 to 200,000 in a few years, so buying at over 60,000 is acceptable for them.
。
3. Because Wall Street has a very low return rate (RRR), the average stock index rises 10% in a year, and a fund earning 15% in a year is considered to have beaten the market, which indicates it's a good company. So it’s not surprising that they started buying at 60,000, as they are not pursuing bottom-fishing but rather accumulating at lower prices.
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