ETF Rejection Hits BTC, PEOPLE Soars

Yesterday, sec rejected the application for btc spot ETF and approved the people spot ETF. This news really broke. BTC fell, but PEOPLE increased by 7 times, which also refreshed everyone's understanding of the news.But it’s limited to this kind of copycat with a small market capitalization. The currency circle is always like this: it makes you despair, but also gives you hope.This is also the most terrifying place that tests human nature. If you don’t pursue it this time, it may happen again next time. Those who are not determined will always: be fooled once.Therefore, many people lose money because they do not understand technology, some have no awareness of risk control, and some do not have the correct investment mentality.Just like whether ETF passes or fails, in fact, when you look at the development of the entire currency circle in 2024, you will know that this is a foregone conclusion.Just like the Federal Reserve will no longer raise interest rates in 2024, or even release interest rates in the future, the general trend has risen. For those at the top of the food chain: they understand the importance of following the trend.What can be changed is the short-term market trend. If you make the train to the bull market a little more bumpy and get rid of those opportunists, you will eventually reach the end.Investment is about who can live longer, who can truly follow the trend, throw away all kinds of temptations and news interference, calm down and stick to the original intention. People, who can rise in a short period of time, do not maintain communication. Pin the letter 1521221721 to follow.Several times in a short period of time. To be honest, you don't have the guts either, so just let him play.If you really want to touch People, then wait until the retracement is halfway back. It will be relatively stable around 0.02, and forget about the rest.

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