Officials from the Federal Reserve and other central banks of multiple countries have repeatedly put pressure on the risk asset market, further squeezing the upward room of the crypto market, and the strengthening of the USD has put additional pressure on the risk asset market. In the coming months, BTC and ETH may have difficulty breaking through their previous highs, but as inflation continues to decline, the crypto market may gradually rebound at the end of the year.
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https://tokeninsight.com/en/research/market-analysis/blofin-flow-insights-pressure
