It is predicted that the short-term market bottom will be $58,000 for Bitcoin and $3,000 for Ethereum. It is not ruled out that the price will be lower.

As for the reasons for the decline, I think there are two points: in the past month, the tariffs have been maintained at high prices for most of the time, and the annualized rate of unilateral calculation has exceeded 100%. The capital cost borne by the bulls is difficult to maintain, and once it goes sideways, it will gradually become worse. The withdrawal of funds eventually led to this wave of decline.

On the other hand, the pie has doubled from the low point. Although it broke through the historical high in a short period of time, it fell back to below 70,000 US dollars in the following days, and the remaining benefits of ETF have also been exhausted, whether it is Both the financial and emotional aspects paved the way for this decline.

If you look at it over a longer period, when the market reaches $100,000, this may just be a minor episode.