$BTC Bitcoin has fallen below $78,000, and market panic is spreading. The main reasons for this pullback include: a cooling expectation for Federal Reserve interest rate cuts, concerns about Mt. Gox selling pressure, and short-term outflows of institutional funds. However, in the medium to long term, the fundamentals such as the halving effect, ETF fund inflows, and institutional allocation demand remain unchanged.
⚠️ Reminder:
- Be cautious of the risk of leverage positions exploding
- Dollar-cost averaging investors can gradually allocate to value coins
- Pay attention to the key support level for BTC at $75,000-$78,000
After the harsh winter, quality assets will always recover. Are you ready with your bottom-fishing strategy?
