The market has entered garbage time

The short to medium term is purely driven by data and news

We have already experienced the half-year "bear market cycle" of 2023 and 2024

Currently, this state is still being replayed

There is no major one-sided trend

Only small-level wave patterns

The price of Bitcoin has risen above 90,000 easily

But it has also consumed a lot of buying demand

For example, MicroStrategy's relentless buying rhythm continues, but it also needs to raise more funds

For instance, the recent substantial continuous buying of Bitcoin ETFs has mostly been contributed by BlackRock

Such buying demand even led to a brief belief that another "bull market" was returning

However, it is still advisable to remain cautious, as the inflow and outflow of ETFs can be as fickle as a weather vane...

Waiting is also a part of the trading system

Especially in an incomprehensible market trend, patience is crucial!

These are shared with the majority, and also a reminder to myself!

Stay steady, we can win!

#BTC