1. Macro situation:

The United States will enter the harvest period of the US dollar. Lowering interest rates and lowering the US dollar are the major strategic policies. Although it is now affected by inflation, this action must be taken! It is foreseeable and cannot be given away.

2. US Presidential Election:

US stocks cannot fall, and neither can Bitcoin. Now it is just a technical correction. It is also the established policy of the United States to dominate the cryptocurrency market, which cannot be shaken. In particular, Hong Kong has also established its own ETF, which will inject vitality into the market and promote the layout of the United States. Therefore, the bull market is irreversible.

3. Approval of ETFs:

The ETF hype has come to an end. It remains to be seen how large the scale of ETFs will be. According to the marginal theory, its benefits will be weakened, and the promotion of the currency price will also be weakened. Now Wall Street's ETFs are still receiving net inflows, and ETFs will become the most critical and important dominant force in governing the future trend of Bitcoin.

4. Halving is good for the bull market:

Halving is a change in the supply side of chips. Reducing supply is definitely good for the market, but halving is still increasing rather than cutting off supply, so its impact will be weakened. According to historical trajectories, the bull and bear of Bitcoin has always been determined by the halving cycle. Although it is not the only determining force this year, its influence is definitely still there! #BTC