Brothers, please be patient
During the day, the market may show signs of rebound, but at night, we need to be alert for the possibility of another crash in the US stock market. If the US stock market is volatile tonight, the Asian market may present a good opportunity for bottom fishing. If the US stock market experiences a circuit breaker again tonight, we may see the scenario of 312 again (possibly referring to an important market low point or event). Bitcoin may form a bottom around $74,000, having retraced about 36% from its historical high of $110,000, which is not uncommon during a bull market adjustment.
Following that, the US stock market may face a sharp decline, and traditional financial giants may be at risk of bankruptcy. Subsequently, to stabilize the market, measures such as quantitative easing may be taken, which will be an excellent time for full investment. It is reported that as much as $21 billion in bottom-fishing funds is on the way.
MicroStrategy is also anxious; for risk-averse investors, it may be wise to wait for the central bank's easing before increasing positions, although it may not be possible to catch the lowest point, it can effectively avoid the floating loss risk brought by long-term consolidation.