🔴 BIGGEST REASON of MARKET FALLING TODAY 🔴

The recent market decline has been attributed to the German government's sale of over 10,000 Bitcoins this month. This sale, combined with negative news about Mentougou's repayment, has contributed to the market downturn.

While some investors have expressed concerns about the sale, others have pointed out that large investors and American ETFs hold tens of thousands or even millions of Bitcoins, making the sale of 10,000 coins relatively insignificant. Justin Sun's offer to buy the remaining coins from Germany off-market has been seen as a way to prevent market flooding.

However, the sale of Mentougou's coins is more complex due to various rules and methods, with plans to sell 140,000 coins over ten years. Despite this, the launch of Ethereum spot ETFs worldwide may alleviate concerns about coin sales.

Some believe the current market crash may be a setup for the upcoming Ethereum spot ETF launch, which could lead to a strong rebound and potentially push Ethereum's price back up to $4,000. It's advisable to remain calm and wait for the market to stabilize

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