Short-term Risks and Opportunities Risks: Capital Outflow: Continuous capital outflow from Bitcoin spot ETFs, with leading ETFs (such as BlackRock's IBIT) experiencing an average daily outflow of $120 million, leading to weakened market liquidity. Regulatory Pressure: The SEC's scrutiny of spot ETFs has intensified, raising market concerns about potential trading restrictions or increased compliance costs in the future. Macroeconomic Uncertainty: Expectations of interest rate hikes by the Federal Reserve and a stronger dollar may further suppress Bitcoin prices. Opportunities: Some analysts believe that Bitcoin may see a correction in mid to late March, providing investors with a better entry point.
Long-term Trends In April 2024, Bitcoin will complete its fourth halving, and historical patterns show that significant price increases may occur 6-12 months after the halving. Despite short-term capital outflows, the long-term allocation value of Bitcoin spot ETFs is still viewed positively, and institutional capital may flow back in the future. By June 2025, the Bitcoin network will complete the Taproot upgrade, and the expansion of smart contract functionality may give rise to new application scenarios. Investment Advice If you are a long-term investor and can tolerate short-term volatility, the current correction may present a good entry opportunity. If you believe in Bitcoin's long-term value (such as scarcity and decentralized attributes), consider gradually dollar-cost averaging. Situations Suitable for Selling: If you are a short-term trader and are concerned about further market declines, you may consider reducing your position or setting stop-loss orders. #比特币反弹 #加密市场反弹 #比特币大牛市的开端。这一切只是开始。⚡🚀