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Bitcoin and alts plummeted together, Ether fell by 30%, many people are crying and wanting to Cut Loss.
They are afraid because they only see the price and haven't noticed that the Federal Reserve hasn't taken action yet.
Once interest rates drop, the dollar becomes cheaper, and money will rush into the risk market, which has always been the case in the crypto space.
The author claims to be a diamond hand, but in fact, he is betting on the Federal Reserve's timetable; he is gambling on liquidity, not a technological revolution.
Those who shout scams were still calling it faith last year, their emotions flip-flopping, which shows they haven't calculated the on-chain data at all, nor have they monitored the yields on US Treasury bonds.
Those who truly understand are quietly converting stablecoins into spot, waiting to sell to emotional retail investors during the next rally.
Do you think this is blind optimism, or a trap set in advance? #PI #BTC #ETH #GateioInto11