$FLOKI The next step for Bitcoin will be mainly oscillating upward, showing a slow bull trend, for the following reasons:

1. The negative news has been gradually released, and the Bitcoin price of 50,000 can still attract a lot of hot money, which is a relatively low position.

2. The currency circle has always been speculating on expectations. When the negative news really lands, it is not as terrible as imagined. The same is true for the Fed's interest rate cut in September. The market is currently in the mood of rebuilding confidence and welcoming the positive news in September.

3. Net outflow and net inflow are the only data with reference significance. Once the interest rate is cut, some hot money will flow into the market, which will greatly stimulate investors' confidence. The current situation of the US stock market is not optimistic, and Bitcoin is undoubtedly a better choice for hedging. Both the US government and the old capital in the United States have begun to accept cryptocurrencies and recognize the financial value of cryptocurrencies. The future crypto market must be dominated by the old Americans.

Be patient in everything, still optimistic about Bitcoin and Floki, and Ethereum may perform a little weaker.