The current bearish reasons are relatively weak for the following reasons
1. Market concerns about the macro economy are fading;
2. The Gaza peace process is advancing;
3. The traditional "summer slump" in the market is about to end;
4. The market is welcoming greater trading volume and liquidity;
5. People have become accustomed to the saying of "end of cycle";
6. Former Binance CEO CZ is about to be released;
7. Bitcoin is close to $60,000 and the chart trend is good.
