The biggest good news has landed, just like the announcement of exam results after they end. Everyone who should sell is selling, and those who should withdraw are withdrawing. There is no bigger good news in the market than the reconciliation between China and the United States, so many people choose to take the profit. However, even though selling is happening, there are no particularly bad news, so a crash is also difficult. Bitcoin is holding at this position of 100,000; if it goes lower, the next hurdle is 99,000. The Federal Reserve's interest rate cut is still uncertain, and the anticipated interest rate cut that everyone was looking forward to has yet to appear. Currently, there is no reason to continue speculation.
Tonight, the U.S. inflation data (CPI) will be announced, and many funds have withdrawn to wait and see, specifically to assess whether the data will be good or bad.
Right now, there is neither particularly bad news nor new good news to stimulate the market, so it's estimated that there will be back-and-forth fluctuations.
