Mentougou has put some pressure on the market. A round of small market crashes has seen many people shouting that the bull market is over, saying that Bitcoin will soon fall below 60,000 to 55,000, and Ethereum will go to 2,500. Every round of bull market cannot escape the threat of Mentougou, but the result is nothing, because Mentougou has been delaying time. Bitcoin: Before Bitcoin stands at 72,000, Bitcoin will still be centered around 69,000 +/- 2000U space up and down, exchanging time for space, standing at 72,000, and then breaking through 73777 to set a new high. A considerable number of short positions have been accumulated around 72,000/above. Once the resistance of 72,000 is broken or a new high is set, these short positions will be liquidated or cut losses will be fuel for Bitcoin's rise. The market looks a bit calm. In fact, Bitcoin is already very resistant to falling. If Bitcoin is going to fall, it would have fallen a long time ago and would not stay sideways for so long. In terms of the fundamental environment, a US dollar interest rate cut is a must, and the stages are: US dollar interest rate cut expectations ---- the first US dollar interest rate cut ---- continued interest rate cuts to 3%--3.5%. This cycle will last for a long time, and the US dollar interest rate cut and easing cycle will support the long-term bull market of Bitcoin. $BTC $ETH $BNB #门头沟事件