The biggest negative factor in the market at present is Mentougou. In the past two days, a large amount of Bitcoin has been transferred for compensation. The party being compensated may sell some of it for cash. The market needs one or two weeks to digest it. After digestion, Bitcoin will definitely return to above 70,000.

After September, there is a hope for a rate cut, and then there will be the US presidential election. Trump is likely to win the election. With the empowerment of multiple favorable factors, it is expected to see a 100,000 pie this year.