Editor's Note: This article comes fromChatting with William (ID: William1913), Author: William Chen, reproduced by Odaily with authorization.

Editor's Note: This article comes from

Chatting with William (ID: William1913)

Chatting with William (ID: William1913)

, Author: William Chen, reproduced by Odaily with authorization.

The biggest news yesterday was that Musk talked about Bitcoin and praised Bitcoin:

Afterwards, the price of Bitcoin has risen to a certain extent, but obviously, the intensity has been much smaller.

The current market size and volume of Bitcoin are indeed beyond the reach of a certain person or organization.

Let's continue to talk about what the US stock market stormtroopers charged yesterday after a weekend of rest.

First of all, the performance of the previous popular stocks seems to have been mediocre, so there is nothing to say.

In fact, last week, everyone has seen that American retail investors have set their sights on silver. The reason is as follows:

They have identified those who claim to have silver and those who do blank silver, and they have no stock in hand, and everything is empty-handed.

Not only do they want to blow up silver and blow up short positions, but they also want to prove that the silver market has always been a financial scam, and most people are empty hands and bullying retail investors.

If the silver market is full of scams, what about the gold market?

After a few days of vigor and vitality, the price of silver has indeed risen sharply, which is really rare for silver, which has not skyrocketed all year round.

I saw a Weibo that said it well:

Isn't this the "data smashing" that people in the circle scoff at the most?

They must be broken, although I think this is almost impossible...but I still hope that retail investors in the US stock market will work hard.

(Hey, if only they weren't backed by a group of institutions)

Let's watch the show and eat melons. It seems that we can't help them, we can only help them spread the word and shout out.

However, it is true that the global market has begun to catch up with the trend:

come on! Come on.

A lot of people make money. I also hope that the enthusiasm of US retail investors will come to Bitcoin. Of course, they will come sooner or later, but they will not come to "squeeze short", but to "speculate coins".

The purpose should be very simple, just to make money, not so much confrontation.

Because most of the institutions in the circle seem to be bullish, and there are few institutions in the circle or outside the circle that are mainly short-selling or airdropping positions, so it is difficult to squeeze short positions in the currency circle.

Moreover, domestic retail investors often go crazy long instead of buying spot stocks every time they chase the rise, which also leads to no market for "short squeeze" at all, because as long as there is a rise, there are many armies everywhere...

Gouzhuang can only reap the bulls with "tears".

The bulls are simply too rich.

Finally, milk Bitcoin again.

As the Chinese New Year is getting closer, theoretically speaking, there are fewer and fewer opportunities to buy cheap pancakes. It is almost a consensus that the market will improve after the Chinese New Year.

In addition, it is still the usual positive of Bitcoin: the exchange continues to flow out.

This time it was Coinbase that was found to have a large outflow.

"The last time Coinbase Pro had such a large-scale outflow was the last drop before BTC broke through $42,000. In addition, these BTC receivers are custodial wallets, and there are only active transfer transactions. Therefore, BTC is likely to pass through "off-exchange transactions" ( OTC) instruments flowed to large institutional buyers. Ki Young Ju sees this as a strong bullish signal” - CryptoQuant CEO Ki Young Ju.

As we all know, since March 12 last year, the exchange’s bitcoin balance and bitcoin price have been showing a negative correlation trend.