First of all, let me tell you the conclusion. The bull market is far from over. Those who are bearish on the market will be eliminated.
We will break new highs at the 62k support level.
Combining the following factors
1. The current market rates are very low and even negative for a while. This is a sign that the market is going to rise sharply.
2Smart money is accumulating and USDT is flowing into the market
Recently, 2 billion USDT and 1 billion USDC were issued, and the potential purchasing power of the market has increased.
3. The upward short pressure is insufficient and the liquidity is sufficient to be liquidated.
In summary, the maximum price will fall back to 6k2 to 6k3
The market will continue to rise