This morning I saw that BTC has dropped a bit again, and many friends are asking why it can't surpass 100,000 USD. After all, 100,000 is a psychological barrier, and it's just a step away, so why can't we get over it? To be honest, I don't know the reason. From the current trends, data, or information perspective, I haven't seen any negative situations that would affect it. In other words, BTC is still dominated by emotional factors. On the contrary, many listed companies have started to allocate BTC as reserves or financial investments recently, which is good for BTC as it remains dominated by emotional factors.

This morning I quickly went through the recent news, and there really aren't any issues. The sentiment from the elections is still there, and even this morning, Federal Reserve's Kashkari stated that considering a rate cut in December is still appropriate. The new treasury secretary candidate has also proposed some ideas to reduce federal spending, which are good developments, and I haven't found any factors that might lead to a market decline. So let's observe more for now. It can't be ruled out that it's a decline in FOMO sentiment. The data on Monday's spot ETF can provide some insights. Right now, the funding data hasn't come out yet, so let's talk about it later.

In fact, for BTC, breaking through 100,000 no longer needs doubt; it's just a matter of time. Let's be a bit more patient. #ETH市场新动向 #ETH市场新动向 #PCE与美联储纪要公布在即 #GameFi板块信号 #GameFi板块信号