#BTC行情 Wall Street's "Dunkirk Retreat" and the Crypto World's "D-Day" 😏
Ladies, today's market looks like Dunkirk in 1940, doesn't it? Cathie Wood is selling NVIDIA and META, Bitcoin ETFs continue to see net outflows, and whales are battling on both sides... This is reminiscent of the Allied forces' "strategic retreat" from the European continent under the German blitzkrieg. Institutions are reallocating their firepower between traditional tech stocks and the crypto market; this is not a defeat, it's a repositioning.
But history's script never has just one act. If we stretch the timeline to 1944, you'll find another grand performance in progress— that is the "D-Day". Check the news: "Wall Street's Great Migration: The Global Financial System is Fully Shifting to Blockchain", French President Macron is personally backing Paris Blockchain Week, and U.S. Senators are pushing for crypto market structure legislation... Doesn’t this resemble the Allied forces gathering heavy troops and constructing the artificial harbor "Mulberry" to pave the way for a decisive counteroffensive? The "main forces" of traditional finance are establishing a foothold in the new continental blockchain.
After the Dunkirk retreat, no one expected the Allies to come back. The same is true now; quarterly options expiration and the soaring yields on U.S. Treasuries have brought about a short-term "liquidity tide" (like the awful weather in the English Channel), causing the market to be pulled back and forth between 65K and 72K. However, on-chain whales are accumulating against the trend, with new addresses withdrawing 340 BTC from exchanges. Doesn’t this seem like guerrilla fighters and special forces secretly assembling before the landing?
The power of cycles lies in the fact that retreat and landing are different stages of the same war. Dunkirk preserved vital forces, while Normandy opened a new front. The current outflow of funds is a "retreat" to safer positions, while Wall Street's on-chain migration is accumulating an aircraft carrier fleet for the next round of "landing".
Don't be intimidated by the sounds of artillery; the map has already changed. The real battlefield is being reconstructed right in front of us.
Source: www.qinglan.org/40234