According to TechFlow, on July 10, Bitwise Chief Investment Officer Matt Hougan said that the current market correction is a rare opportunity for long-term investors. All the current selling pressure adverse factors are one-time sales, which have caused a short-term liquidity shock, and the seasonal period of low liquidity of cryptocurrencies is coming to an end. In contrast, the inflow of spot Bitcoin ETFs, Bitcoin halving, spot Ethereum ETFs, changes in political attitudes, and the prospect of interest rate cuts by the Federal Reserve have all created a better long-term environment for cryptocurrencies. Coupled with the strong growth of the stablecoin market, Layer 2 development, and the increasing participation of institutions such as BlackRock in the field, the right combination of developments in the second half of the year may easily push Bitcoin to $100,000 and push ETH to a record high.