📣📣Every attempt of Bitcoin to rise seems to be difficult to escape the fate of being smashed📣

At present, some miners may be dealing with difficulties by smashing the market, because the current price is unsustainable for many small miners. In theory, the market should have completed a round of reshuffles to eliminate those non-compliant or outdated miners. However, thanks to the positive impact of BRC20 and RUNEs protocols, on-chain fees have remained relatively optimistic, which has also unexpectedly prolonged the market adjustment cycle.

As the market adjusts itself, unqualified miners gradually withdraw, and new hash power begins to emerge, the Bitcoin market is expected to be revitalized again and hit the target of $100,000. I expect that the adjustment period of Bitcoin will gradually end in July, and then the market will gradually enter the rising channel.

At this stage, we need to pay close attention to the daily dynamics of Bitcoin. Only when the daily level stabilizes can the market really have the opportunity to explode. $BNB $SUI $OCEAN #币安合约锦标赛 #MegadropLista #币安HODLer空投 #美联储何时降息？ #meme板块关注热点