Fans say I haven't updated in a long time, why haven't I updated?
The market has been ordinary for the past half month. To put it bluntly, now it's all quantitative robots making trades. Simply put, no one is trading; it's all relying on quantitative robots to extract small amounts of retail funds to maintain the status quo.
In this bull market, Bitcoin broke through $100,000 with a lack of retail participation, and now at $85,000, Bitcoin is essentially at a high point. The global economy is softening, and risk aversion sentiment has been consistently high, resulting in a lack of retail funds.
Without retail funds, it’s useless for institutions to pull in $1 million. The market continues to look bearish. $BTC $ETH