On March 12, Beijing time, according to Coinbase data, Bitcoin exceeded US$73,000 and is now quoted at US$73,027, continuing to hit a record high.
Recently, with the promotion of spot Bitcoin ETF trading and the Bitcoin "halving" event, the price of Bitcoin has been rising steadily. On March 8, the price of Bitcoin exceeded $70,000, setting a record high. On March 11, Bitcoin reached the US$72,000/coin mark, with a maximum increase of more than 5%. Bitcoin’s new market value was US$1.43 trillion, surpassing silver and becoming the eighth largest asset in the world by market value.
The market has abundant funds, the bull market is starting to cycle, and the copycat season may be coming
The risk-free interest rate exceeds 10%, attracting OTC funds to continue to enter the market.
When the crypto market becomes active and sentiment is hot, the demand for leverage will increase, thereby increasing lending rates. The interest rate on Binance USDT demand deposits has reached 18%, which is much higher than the 5% interest rate on U.S. Treasury bonds, which will also attract over-the-counter funds to enter the market for arbitrage.
Market funds are becoming more and more abundant, and excess liquidity tends to flow into popular sectors. Sectors that continue to rise will attract more funds into the market, forming a positive cycle of continued bull market capital inflows.
As a result, the market demand for stablecoins continues to increase. USDT has continued to be issued since October 2023, and its market value has exceeded US$100 billion. With the continued inflow of OTC funds, the current bull market will rise longer and with greater magnitude.
In this bull market dominated by institutional feasts, where will Bitcoin’s final destination be?
First of all, the script of this round of bull market is slightly different from the previous round, but the basic logic is still the same. The project team is not issuing coins for fun. They have been operating at risks for several years, just to take advantage of the bull market to make a big profit. Next, they must dance with the bankers!
The "garbage" that has fallen by 90%+ before will rise so much in the bull market that it will make you doubt your life. Ten times or twenty times is just like playing. The key is that you have to hold on and don't cut the meat at every turn. Looking at the meme today, AI has gone up. Cut the meat for exchange. Tomorrow when gamefi rises, you cut the meat again. Once you cut the chips several times, they are gone. This is the reason why many retail investors cannot make money in the bull market.
Core: The core of making money in the bull market is not currency selection, but position management! There is no right or wrong in position management, only reasonable or unreasonable. My suggestion is to put 30% of the position in AI, 20% in inscriptions, leave at least 20% of the position in U, and the other 30% depends on your own preference to configure other copycats.
U with 20% of the position is left to do two things. One is to wait for the sudden plunge to buy the dips, and the other is to look for opportunities in the rotating sectors and try to rush to the leading leader as soon as possible. Don't be afraid of highs. It has risen by 50 % Don’t be afraid, there are still a few more 50% gains, what you want is a strong currency!
That’s all I can think of at the moment. In short, the market for large-scale copycats is gradually opening up. Don’t be anxious and don’t use leverage. The stocks you stock will rise!
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