【Market Analysis】

I have said that Bitcoin will be different from the past after the ETF is passed this year. Institutions have their own ways of playing, and it is too difficult for retail investors to participate in Bitcoin. Therefore, if you can't afford Bitcoin, you can buy the Bitcoin ecosystem. This is a basic logic.

In addition, due to the participation of institutions, the ability to take over Bitcoin during the decline has become stronger. Every time it declines, there will be a large number of structural takeovers, because for institutions, now they are all cheap chips.

At the current daily level, the strong support near 60,000 is being verified. If this wave can be supported, then after the halving, it will continue to fluctuate and adjust to prepare for the surge in the third and fourth quarters.

If this wave of 60,000 does not get effective support, then the biggest possibility is to test the support near 55,000 again. This is what I think is the limit adjustment, so everyone has expectations next, one is the 60,000 US dollar mark, and the other is the limit support near 55,000.

No matter what happens, you must remember that every decline is the best opportunity. The surge will happen in Q3Q4, and the rest you just hold the spot and leave it to time.