AMERICAJUNGKOOK
@americajungkook
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After 4:00 am on October 31st, Beijing time, the financial reports of $MSTR and $COIN will be released. I compared the former and found that the income of BTC in the third quarter increased. Then we have to look at the average purchase price of BTC in the third quarter. There may be losses in this regard, but when the financial report is released, the price of BTC is likely to be above $65,000, so the actual income of MSTR in October should be good. The rest depends on how much #BTC was purchased in the third quarter.
In general, I am not very worried about the financial report of MSTR. After all, the price of MSTR is positively correlated with BTC. If BTC can break through a new high after the election, then even if the financial report of MSTR is not good, it will be a better bargaining point. But COIN is a little more troublesome. The poor liquidity will lead to the fact that the transaction volume and handling fees should not be too good. It mainly depends on the income from cooperation with USDC. 0 reply
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Spot always dominates the price trend in the long term, but short-term price or fluctuations in a large range are dominated by futures;
This does not mean that futures cannot be traded in the long term, but that there is less capital for long-term futures trading, and there is also less capital for short-term spot trading;
You can ask people around you, people who only do spot trading, the trading frequency is about once a week, while people who do futures trading can often do it 2-3 times a day;
So, when spot starts to sell continuously, within a few months, the price will not fall immediately, but will fluctuate up and down , but the highs and lows will slowly decline, because the supply of spot suppresses the maximum increase that futures can bring; 0 reply
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