The cryptocurrency market showed vigorous vitality today, like the rising sun illuminating the faces of global investors. Bitcoin (BTC) is like an awakened lion, breaking through the $63,000 mark again, and many top cryptocurrencies followed closely, setting off a surging tide.
The previous German selling pressure was like a sudden storm, which caused the market to fall into chaos for a while. But after the storm, BTC began to show its tenacity and slowly rebounded. However, without a new narrative leader, this rebound road seems to be full of unknowns and challenges. The possibility of a second bottom is always around, making every investor hold their breath.
The calls for "bull back" are one after another, but the selling pressure in Mentougou is like a heavy mountain, pressing on the hearts of every retail investor. This force is silent, but it is enough to affect every fluctuation in the market. Expectations such as interest rate cuts and elections are like the support pillars of the market, but the selling pressure in Mentougou is like an invisible knife, always hanging over the market.
