The 'canine' dark horse amid Bitcoin volatility! Will the massive burn of the Conan token be the next meme coin myth?
Bitcoin spot has recently shown remarkable price volatility, rebounding from 103K to around 108K last week after a drop, and returning to about 103K again this week. This trend is not merely a decline but resembles a self-adjustment process in the market, bringing the overall rhythm back to a rational state.
The current market environment is not under pressure due to excessive negative news, but rather testing investors' confidence and patience in digital currencies. Those who choose to enter the market at this time are often investors with strong convictions, and when prices surge again, it may trigger a wave of follow-up buying from numerous investors.