The crypto market plummeted yesterday, raising another soul-searching question: Is the bull market over?

BTC Market Analysis

Before analyzing, let’s look at the difference between the two news stories. Here’s the picture:

The first one comes from the west coast of the Pacific Ocean. What it means is that you can do whatever you want. As long as you can accomplish it within three years, we will not set any conditions for you. Just do it with confidence as long as you are not here to deceive people.

The second one comes from our East Coast. What it means is that you should not mess around. If you find any harmful behavior, behavior that is detrimental to finance, or behavior that is out of regulation, I’m sorry, I will...

The starting points of the two articles are completely different. One is to fully encourage and let go, letting the bullets fly; the other is to deter and suppress, so that the bullets do not fly randomly.

It is not very harmful, but it is extremely insulting. It is the development of the same industry, but two completely different situations. The pain is really beyond words.

Returning to our analysis and judgment, we will answer the question that many people asked yesterday, although we did not write about the market: "Is the bull market over?"

I answered this question when the market retreated to 26,000; I answered it when the market retreated to 40,000; I answered it when the market retreated to 60,000... I will continue to answer this question.

As fans of the Cavaliers, four or five people came to ask me, and I was really saddened. We have analyzed so much logic for judging the market, but everyone is only concerned with making money by following our analysis, chasing ups and downs, but they have never had faith, faith in economic laws, faith in the laws of industry development.

After Coinbase went public, the first thing we analyzed and judged was that Coinbase's listing would accelerate the entry of old money, and the entry of old money would definitely promote the implementation of regulations. There would be fluctuations during this period, but the overall expansion and scale upgrade would be a pain point in the short term, but a big benefit in the long term.

However, Doggo and XRP attracted too much money to enter the market, and after the craze, the market retreated by 20%. This is inevitable. Fortunately, we reduced our positions by half when everyone was crazy. I didn’t write about the market yesterday, but I also increased my positions. This operation is not very lethal, but it is extremely insulting, of course, this is for everyone.

So to answer your question, when will the BTC bull market end and will there be signs of a long-term correction? I answer again, when the US dollar interest rate rises, US bond yields rise, and the US economy recovers. This question will not be determined until at least March 2022. Before that, there is no need to be too sensitive, except for the current extreme factors.

ETH Market Analysis

ETH’s real spring has arrived, which is why ETH did not follow the major trend this time.

Looking at this news again, the SEC has basically recognized the decentralization and is fully encouraging everyone to make decentralized products. In addition, under the extreme market conditions yesterday, several major DEXs showed signs of disconnection. The emergence of this problem is bound to promote the development of the entire Ethereum. At the same time, we will firmly hold decentralized asset targets such as UNI, COMP, and SNX.

The future is already clear. How dazzling today’s DEX is, how prosperous tomorrow’s decentralized financial market will be. Therefore, we should firmly hold long ETH. Decentralized financial assets will be a trend of “value investment”.

LTC/XRP/EOS/BCH/ADA market analysis

The trend of the four little dragons is still quite accurate. When BTC does not rise, they will rebound when they soar. Now that BTC is rising again, they have stopped falling and are ready to go. But what is different this time is that the cryptocurrency world has brought a huge amount of incremental currency due to the listing of Coinbase, which is a good thing for the entire cryptocurrency world. Therefore, the old coins and big coins will rise with the influx of "tide".

This is the first expansion, and it has just begun. So low-priced assets are easily hyped up, right? For example, the recent DOGE, XRP and other low-priced assets, do you understand who is buying these assets?

DOT/KSM market analysis

I don’t know if there is still expectation for KSM, but there is still a lot of expectation for Polkadot. Who knows whether the trend in May and June will continue the trend of KSM in March and April? I think with the lock-up of large investors and the depletion of liquidity, the whole plate should be quite easy to rise. At the same time, with the transmission of FOMO emotions, everything is such a wonderful fantasy.

But it is precisely this fantasy that has made more big investors become the disseminators and believers of this event. What is their belief? Is it the certainty of the future, or the PR of a certain "consensus"? Let's wait and see.