The pump driven by news on Bitcoin on Friday has completely retraced. This is mainly because the main funds of Bitcoin are constantly switching to Ethereum. Ethereum had a false breakout in the early morning and ultimately failed to break above 5000. It is highly likely that some main funds have jumped ship early, just recently buying some Ethereum long positions around 4600, and then adding a portion near 4500, with a stop loss if it drops below 4450. The previous view still stands; before the expected interest rate cut materializes, the likelihood of a significant drop is low, and it will mostly be wide fluctuations within the day.