Recently, even with favorable news, Bitcoin is hard to rise. Moreover, its trend has long ceased to follow the previous four-year cycle. Altcoin prices have fallen for six consecutive weeks; whether they can rebound depends on the next few weeks' ability to stop the decline and rebound, otherwise, they will continue to weaken. Currently, everything hinges on the Federal Reserve's policy and the broader environment. However, some big players say that although some people made money in the short term and left, those who hold coins for the long term haven't moved at all, and the amount of Bitcoin on exchanges continues to decrease. There are many people stockpiling at the price range of 93,000 to 98,000, so it won't drop temporarily.