Crypto analyst Phyrex tweeted that the BTC turmoil caused by the US SEC's lawsuit against major cryptocurrency exchanges may be a harbinger of BTC's short-term gains. BTC fell more than 5% on Monday and then rebounded more than 5% on Tuesday; according to data compiled by Bloomberg, similar continuous saw-saw fluctuations of at least 5% have occurred five times in the past two years, indicating an average increase of nearly 11% in the following 30 days. "According to historical data, as long as the SEC sues and causes BTC to fluctuate by 5% or more in a row, the price of BTC tends to rebound by 11% in the next 30 days. At the current price, the price of BTC could reach $30,000 before the beginning of July."