$BTC

This month, after Bitcoin broke through the 100,000 mark, it has experienced three dips without falling below 90,000. I wonder if everyone remembers that when approaching 100,000, we were all focused on breaking through that level, but then a wave of selling came in and dampened many people's resolve to see 100,000.

But in the end, it did break through. Now at 110,000, it is experiencing dips again, similar to before. This may just be to shake out some of the bullish sentiment and weaken the determination of some to remain optimistic. The effect is quite obvious; many people have shifted from bullish to bearish.

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