The market bottoming out is over. What economic and market factors make the subsequent rise inevitable?
1. More and more mainstream companies are accepting Bitcoin. For example, large companies such as Microsoft, AT&T, Overstock, and Tesla allow customers to pay with Bitcoin
2. The approval of Bitcoin spot ETFs has injected a lot of funds into the market, attracting a large number of mainstream and institutional funds such as BlackRock and Wood Sister
3. The real negative impact of the Mentougou incident has disappeared, and Grayscale has digested the ETH market
4. Expectations for US interest rate cuts and the release of funds after the interest rate cut
5. The presidential election in November