The market is miserable, but don't be too pessimistic!
The main reason for the sharp decline in the past few days is that the application for#btcspot ETF was delayed, market expectations were disappointed, and Wall Street capital took the opportunity to pick up cheap chips:
There are actually several very important narratives that can be told in the market today:
1. The Fed stopped raising interest rates
2. Ethereum Cancun Upgrade Expectations
3. Bitcoin spot ETF passes expectations
4. Bitcoin Halving Expected