At the price of $BTC $30000, the chip concentration of the pie exceeds 1 million pieces. When this value was reached for the first few times, the chips would be dispersed, and accompanied by the price drop, there would be a strong rebound later driven by major events.
Including the end of the first phase of interest rate hikes by the Federal Reserve, the outbreak of the U.S. banking crisis that led to public trust in safe-haven assets, BlackRock's application for spot ETFs, BlackRock's super high probability of passing, etc...
Therefore, if BTC has a breakthrough market in the future, it will definitely be accompanied by a major event. The most recent time point to determine is the Federal Reserve's announcement of interest rate hike results.
