Extra number:Teaching Chain Internal Reference 12.2 " Analysis of "BTC flows to the rich, crypto flows to the poor" 》
Unknowingly, BTC has quietly touched 39.8k, which is only half a step away from 40,000 dollars.
This is the dawn before dawn.
At dawn, the wind is sad, and the geese are frightened and do not fly.
When will we finish the garrison and return to the middle of the month?
Dawns Here Are Quiet.
The man has returned, speechless and choked, just because he has lost his position.
The long trough is just to give those who haven’t gotten on the bus another chance, and also to give those with high position costs an opportunity to reduce costs.
"There was once a pie worth less than 20,000 dollars placed in front of me. I didn't cherish it and only regretted it when I lost it. The most painful thing in the world is this. If God could give me a new life, If there is a chance, I will say three words to that big pie: "Bazi Jue". If I have to add a time limit to holding the big pie, I hope it is ten thousand years."
The eight-character tactic is to insist on fixed investment and increase positions when prices fall.
Judging from the trend, this new bull market has already started after hitting the bottom at the end of 2022.
I didn’t realize it when I cut the 1.6w knife. It was only after 4w of the knife that I realized what I was doing.
The teaching chain once said that we should set out when it gets dark.
"If you set out when it gets dark and the sun gets brighter as you go, everyone will have confidence."
The journey to the bull market is not smooth either.
There are often 40% or even 50% retracement.
But for $40,000, a 40% retracement is 32k, and even a 50% retracement is only 20k.
At the end of last year, Jiaolian looked forward to 2023. By the end of the year, 25k was the bottom.
Jiao Lian drew a diagram of breathing theory in January.
How much you inhale on the water in 2021-2022 will be exhaled underwater in 2022-2023.
The green line in the picture above is actually the 2021-2022 bull market trend line turned upside down and placed underwater.
In fact, the surge in the first half of the year was not as high as 4w, and the mid-year correction was not as low as 2w.
The actual trend is more moderate.
Curve margins do not affect the integrated area. We only need to look at the respiratory volume, which is the area comparison.
It’s almost time to exhale, and it’s time to quickly float to the surface of the water at the end of the year.
If you still have room to exhale, you won’t reach or even break through the water surface so quickly within the year.
At the beginning of 2024, the supply shock caused by the scheduled halving of production, that is, internal factors, and the expected adoption of ETFs at the beginning of the year, as well as the Fed's interest rate cuts that are repeatedly expected to start in the spring, that is, external factors, are superimposed on each other.
The common understanding is that external factors dominate internal factors.
If you know the law of contradiction, you will know that internal causes determine external causes.
Things in the world are impermanent, and there is no good or evil, no pros and cons. Because people have a heart, and their hearts have desires, they produce permanent things, good and evil, good and bad.
So Lao Tzu said, "Therefore, always have no desire in order to observe its wonderfulness; always have desire in order to observe its pleasure."
So Yangming said, "There is no reason outside the heart, and there is nothing outside the heart."
The internal cause is the constant, which is the decisive quantity that determines good and evil, pros and cons.
When impermanence meets one permanent thing, it may be good, and when it meets another permanent thing, it may be evil; when it meets one permanent thing, it may turn into benefit, and when meeting another permanent thing, it may turn into disadvantage.
Impermanence is still the same impermanence, and what determines whether impermanence is good or evil, good or bad, is the same constant.
Impermanence is a variable, which is variable in English. Constant is an invariant, which is English constant.
Impermanence is unpredictable, but it can always be grasped.
Every 210,000 blocks, the block reward (i.e. output) is reduced by half, which is a normal phenomenon in BTC.
The nature of the mind cannot be changed, influenced, or distorted by the mind and desires, but by the ability to recognize it.
Knowing and doing is the correct way to understand the world and put it into practice.
As Lao Tzu said, "All things return to their roots." There are so many things in the world, and they all have their own fundamental logic. "Returning to the roots is tranquility, which means restoration of life." Seeking the fundamental logic and invariants is called returning to the essence. , "Common life is called constant", looking back at the essence is called constant, "knowing the constant is called Ming", recognizing the constant is called wisdom, "not knowing the constant, acting rashly, is evil", not knowing the constant, just operating randomly, it will be certain It's dangerous.
Extra number:Teaching Chain Internal Reference 12.2 " Analysis of "BTC flows to the rich, crypto flows to the poor" 》
(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.)