It is in the middle of a rising cycle that is longer than ever before. It is not clear whether the short-term decline is over for the time being. However, if it is just the power of the leverage wash and spot profit-makers, it may not be able to get out of the 6-digit high price that we all hope to see. It will fluctuate upward to the starting point of this round of decline, 5.82-5.85, and then fall to 3.8-4.2 (the starting point of the unilateral market before the Spring Festival). After sideways trading, it will start a real general rise.

Topic debate, 200USDT bonus
Rules, quote my article and express your own views on the current trend. Can BTC reach a new high? And is encryption over? Be sure to attach your logic!

📌Personal subjective: The market has not ended. This round of decline is a black swan in the bull market. It can also be said that it is a leverage behavior, or it has entered the mid-term of the 519 bull market in 21 years.
Judging from the data of ETFs, purchasing power is still strong. I don’t think that the landing of ETFs will end the market.
The narrative of the second half of the year still exists. The interest rate cut does not mean that a larger increase will be seen immediately, but the interest rate cut is a powerful stimulant for the market in the long run.

Welcome everyone to exchange views rationally. I will select 10 posts with the highest content quality and the highest interaction in the quotes. 🎁20U per person.

🎈This post is jointly sponsored by Binance Square #BNB