$BTC I have nothing to do and I will analyze the market: I personally think that 50,000 US dollars for Bitcoin may be the bottom of this year, and the maximum drop of the copycat is about 20%. It is basically close to the bottom. ​ Why did Bitcoin go to around 16,000 US dollars last time when the bull market turned to bear? It was mainly due to the combined effects of the Russian-Ukrainian war, the collapse of projects such as the Luna stablecoin, the collapse of the Ftx exchange, and the Fed's interest rate hike. ​ ​ So why did we see 50,000 US dollars as the bottom this time? The main reason is that this bull market is caused by the spot etc. So there is no crash, at most a normal callback adjustment. Because the average holding price of US ETFs is around 58,000 US dollars, so I said that the conservative point of 50,000 US dollars is the bottom. This price is very resistant to pressure. At present, the negative news of CZ being sentenced has ended, the Fed's monetary policy is generally loose, and the market agrees with the interest rate cut at the end of the year. There is no negative impact of not cutting interest rates for the time being. The important point is that the market selling pressure of Bitcoin halving is 450 less per day, and the spot circulation of the exchange is getting less and less. Looking at the international situation at present. The war between Russia and Ukraine has basically become normalized. The Middle East issue is also basically in a state of tension, and the impact on Bitcoin is not very big. As long as the Sino-US relations are stable and there is no confrontation, the trend in the second half of the year is good. I expect Bitcoin to reach 100,000 US dollars by the end of the year.