#加密资产投资策略 Upon seeing this news, I couldn't help but shake my head. BitMine has significantly increased its holdings of ETH, and this operation reminds me of those so-called "Whales" from back in the day. They always buy heavily during market slumps, then wait for the suckers to chase the price and sell with bearish market.
However, this time the situation seems a bit different. The open interest of ETH has fallen back to the level it was at the end of June, when the ETH price was around $2500. Now the price has plummeted, but BitMine has instead increased its holdings by more than 200,000 ETH. What does this indicate?
I have experienced too many bull and bear cycles and know that the market is always filled with various "positive" news. However, those who can truly make money are often the ones who can remain calm and not go with the flow. For ordinary investors, rather than following the actions of large institutions, it is better to examine their own risk tolerance and make good asset allocation.
Remember, in the crypto market, never trust anyone's "prophecy." The so-called "super cycle" may just be another trap to lock in the suckers. Stay vigilant and manage your positions; that is the way to survive in the long term.
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#加密资产投资策略 Upon seeing this news, I couldn't help but shake my head. BitMine has significantly increased its holdings of ETH, and this operation reminds me of those so-called "Whales" from back in the day. They always buy heavily during market slumps, then wait for the suckers to chase the price and sell with bearish market.
However, this time the situation seems a bit different. The open interest of ETH has fallen back to the level it was at the end of June, when the ETH price was around $2500. Now the price has plummeted, but BitMine has instead increased its holdings by more than 200,000 ETH. What does this indicate?
I have experienced too many bull and bear cycles and know that the market is always filled with various "positive" news. However, those who can truly make money are often the ones who can remain calm and not go with the flow. For ordinary investors, rather than following the actions of large institutions, it is better to examine their own risk tolerance and make good asset allocation.
Remember, in the crypto market, never trust anyone's "prophecy." The so-called "super cycle" may just be another trap to lock in the suckers. Stay vigilant and manage your positions; that is the way to survive in the long term.