Personal opinion: This round should be considered as oversold, and the trend should slowly recover, and it may break through the previous high at 70,000. Due to the large amount of ETH ETF buying, it will bottom out again after breaking the new high.

Topic debate, 200USDT bonus
Rules, quote my article and express your own views on the current trend. Can BTC reach a new high? And is encryption over? Be sure to attach your logic!

📌Personal subjective: The market has not ended. This round of decline is a black swan in the bull market. It can also be said that it is a leverage behavior, or it has entered the mid-term of the 519 bull market in 21 years.
Judging from the data of ETFs, purchasing power is still strong. I don’t think that the landing of ETFs will end the market.
The narrative of the second half of the year still exists. The interest rate cut does not mean that a larger increase will be seen immediately, but the interest rate cut is a powerful stimulant for the market in the long run.

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