$BTC #行情局势

The average investment price of Bitcoin spot ETF is around 62,000 US dollars

The recent decline in Bitcoin prices has led to an outflow of ETF funds in the past two weeks.

Unlike the large inflows of ETF funds in February and March, the market cooled down significantly in April and May, and the trading volume also declined.

This is because the market overreacted to short-term economic data. If I remember correctly, the economic data in March showed better inflation control and higher expectations for interest rate cuts.

Many people have ignored the weakness of long-term economic growth and government debt problems.

Since the total amount of Bitcoin is fixed, the Fed's interest rate cut will eventually come, and it may be later than everyone expected, which will support the price of Bitcoin.

The trading market needs to pay attention to long-term trends, value investment, avoid speculation, and be troubled by short-term fluctuations.