BTC Major Trend Update:

As expected, a correction has started from 109K. Currently, it is highly likely to oscillate around 90K for a while, and then move into wave C, dropping to 63K. Ethereum is expected to consolidate between 63K and 77K for two to three months before entering the second wave of the bull market.

This decline has two drivers: first, technical factors + the need for liquidity to be released; second, the potential for a 'black swan' event, such as war, tax increases, or the delayed impact of tariffs on macroeconomic data.