According to BlockBeats, Chinese crypto analyst Ban Mu Xia expressed concerns about Bitcoin's current market conditions. He noted that Bitcoin is no longer an optimal opportunity for bullish investments, as the medium-term liquidity logic has been weakened by ongoing ETF sell-offs.
While this does not imply that Bitcoin will not rise in the future, the risks are increasing. During the adjustment phase, unless there is a highly probable opportunity, it is advisable to refrain from participating and continue observing the market's complex consolidation.
