Big money on Wall Street still has a positive outlook on Bitcoin. What deeper meaning lies behind the market's decline?

As for why the market is falling, there really is no need for over-interpretation. From the current perspective, focusing on future trends is key.

Microsoft's plan to purchase Bitcoin did not go through, which was actually expected, leading to a second bottom for Bitcoin.

This shows the softness of market sentiment, but on the other hand, the weekly trend has not yet been broken.

Even if a breakdown occurs, there is still a possibility of a rebound opportunity. Therefore, there is no need to be overly pessimistic at this position. Since panic sentiment has already emerged, the short-term rebound opportunity is worth seizing.

Do you remember the story of the boy who cried wolf? The first time someone believed, the second time some people believed, and by the third time, it was true.

After the second round of fluctuations, whether or not new highs will be created is uncertain. But the upward trend on the weekly chart remains unchanged.

So, the next time there is a crash, it’s best not to rush to catch the rebound, or it will really be painful.

Altcoins to watch: PNUT, DOGE, PEPE, NEIRO.

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