Bitcoin will still fluctuate in the short term. It is certain that 56,500 is the low point of this callback. Spot cannot be held. In the late bull market, the growth of Bitcoin cannot outperform the altcoin. You can switch positions to the AI sector, MEME sector, and public chain sector.
Everyone wants to know when the interest rate will be cut, because only when the interest rate is cut can the bull market start. The US dollar index will start to cut interest rates after 2 to 3 months of high fluctuations. This is also the last stubbornness of the US dollar index.
As for the outflow of Bitcoin spot ETF, everyone refers to the outflow from Grayscale, but other institutions are buying, mainly because Grayscale's handling fees are relatively expensive, so there is no need to worry.
The spot points given above were sorted out in advance on March 19. I believe this is unique in the currency circle.