Extra :
1. Today, " Internal Reference: BTC's Spiral Growth Curve and Current Cycle (1w-10w$) " was published on " Liu Jiaolian Internal Reference". Welcome to follow the public account "Liu Jiaolian Internal Reference" and read it.
2. Yesterday, the article " Losing One Trillion in One Day " was published on the public account "Liu Jiaolian" . Welcome to follow the public account "Liu Jiaolian" and read it.
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Bitcoin was trading around 29k overnight.
Rather than saying that it is a fluctuation, it is more appropriate to say that there is no fluctuation at all. Looking at a picture from glassnode (below), Bitcoin has achieved an annualized volatility curve, and the monthly line (red line) has fallen to the point where it can no longer fall, falling to '15-'16, the end of '18-early '19,' The level of the 20-year "312" meltdown is on the right side of the tail stage of several super bear markets. What's the meaning? That is to say, Bitcoin has become unusually quiet, moving sideways like a horizontal line that no longer beats on a heart monitor. It seems to have lost interest in external stimulation overnight, and remains unmoved regardless of whether it is good or bad.
Chart: The pie’s realized annualized volatility curve
If Bitcoin is a life, then it must be sleeping soundly at this moment. Dawns Here Are Quiet.
图：the sleepy dog
Pet doctors tell us not to wake up a sleeping dog, especially a dog in REM (rapid eye movement) sleep. If you really want to wake it up, you can call its name softly. Please do not touch or shake it or you may get bitten.
The human sleep cycle can be divided into 5 stages: falling asleep (drowsy), light sleep, deep sleep and deep sleep (these two stages are deep sleep stages, collectively called NREM non-rapid eye movement sleep), and REM (rapid eye movement). REM is a stage similar to the first stage from deep sleep, and the brain waves return to a state similar to waking. At this time, you often dream and wake up easily.
Analysts said that the current stage is the quietest moment since the "312" incident in March 2020. This point has been directly felt by Jiaolian from the activity level of the reader community in the past month.
Analysts also say that periods of ultra-low volatility often signal the tail end of a bear market and a phase of renewed accumulation. Since the release of the 2023-2025 industry outlook report in the Planet VIP community in early December last year, Jiaolian has repeatedly said that the bear market is a good opportunity to build a position, and almost all bull market profits come from the accumulation of bear markets.
The industry needs to rebuild its confidence, rediscover the foothold of the next round of narratives, and re-create dreams.
The seeds of dreams are planted today. One day they will grow into towering trees.
The concept that the coach has always advocated is, take a few steps and plant a seed. Take a few steps and plant a seed. Little by little it accumulates. Plant a row of seeds today and reap a forest tomorrow.
Some people have good seeds in their arms, but they just pick them here and there and are always reluctant to plant them. Time flies by, and by the time the seeds planted by others have grown into towering trees, his seeds are already rotting in his arms.
Tomorrow comes tomorrow, and there are so many tomorrows.
Waiting for tomorrow every day, tomorrow will be wasted.
Cherish the moment. Cherish the cake in front of you.
* * * Original by Liu Jiaolian * * *
Read related articles on Liu Jiaolian’s public account:
Applaud when it goes up, add positions when it goes down
It feels good to keep adding positions
Full positionism in a bear market
Bitcoin: Bull markets are like stocks, bear markets are like gold
(Public account: Liu Jiaolian. Knowledge Planet: The public account replies "Planet")
(Disclaimer: None of the content in this article constitutes any investment advice. Cryptocurrency is an extremely high-risk product and may return to zero at any time. Please participate with caution and be responsible for yourself.)