I won't say much today. The second exploration of bottom fishing that I have been talking about in the past few days and yesterday's firm view on the rebound can explain everything. Moreover, the idea of ​​buying on dips to buy Cancun upgrades has been verified in this rebound. The rebound of the second cake is obviously better than that of the big cake. Several leading sectors have also begun to gradually become stronger with the decline and the approach of the Cancun upgrade.

The total Friend.tech protocol fee has exceeded 2,000 ETH, but the trading heat has fallen for two consecutive days after reaching a peak on the 21st. Web3 social projects have emerged one after another since last year, but the friend model and the setting of linking with Bluebird are indeed relatively novel. In fact, the paid membership model has begun to be integrated into every corner of our lives. If you want to get higher quality and richer content, you have to pay some price, which is also an essential part of the market economy.

Bloomberg analysts posted on social media that BlackRock will not buy Bitcoin for potential ETFs before the ETF is officially launched, although technically he can buy it for himself in other funds in some way. But the usual practice is that BlackRock will provide seed funds for the fund one day before the fund is launched. In fact, I think the seed funds should have been planted long ago, and should be earlier than we think, and the cost is lower. I believe BlackRock has long predicted that the approval of the ETF application for listing will be delayed, so it is impossible for him to stay in a spectator state for such a long time. If the market rises before the approval next year, he will become a person who chases highs, so the seeds must have been planted before the follow-up work can be done.

Today's rebound did not reach 27,000, so I think there is still a chance to stand at 27,000 after repeated fluctuations, but it is really difficult to reverse in the short term without strong positive stimulation. The day before yesterday, I said that the market is now technically a bear market, so high altitude is still the main idea at this stage. I still prefer to review history, and after reviewing it, I found that some moments are always surprisingly similar. #BTC