The market is starting to fluctuate violently, get your money ready, and get ready to do it

Many people wonder why ETFs plummeted after Bitcoin passed???
The first reason is that the financial market, whether it is the stock market or the Crypto Community, has a common, only speculation expectations do not speculate cash, funds often buy when there is expectation, sell when favourable information lands, which is basically a common sense in the financial market.
The second reason is that after BitcoinSpot ETF is passed, the funds of the largest Bitcoin holders in today's market can enter and exit freely.
Grayscale GBTC has about 640,000 Bitcoin
The most important thing is that these GBTC basically belong to the stage that cannot be sold, which is equivalent to lock-up position, but now it can be freely circulated, which is equal to the market unlocking 640,000 Bitcoin at once, and the cost of grayscale is very low, probably only about 20,000, and the Spot ETF can be sold at a price of 480,000 after passing, according to the current price, this profit margin is very terrifying, it is equivalent to leeks like you and me, suddenly picked up a hard disk that stores 640,000 Bitcoins, will you sell part of the clubhouse tender model to buy a house and buy a car？
Human.
Therefore, in a short period of time, the demand for selling pressure will be very strong.
However, this is only a short-term behavior, and after the selling pressure is released, funds will begin to flow in again, and in the long run, Bitcoin will still rise back.
Long-term holding of Bitcoin can be completely ignored, after all, the bottom position of many stable auto-invest investors is Bitcoin, is ETH, is to wait until the bull market is selling, is to turn the cycle of big money, not care about the Fluctuation of these ten or twenty points. [奋斗] [奋斗] [奋斗]