There are multiple factors behind the recent strong rebound of Bitcoin:
1. The attempted assassination of Trump: This incident increased market uncertainty and increased the safe-haven demand for Bitcoin.
2. The German government sold out Bitcoin: The market interpreted this news as positive, believing that the selling pressure has been released.
3. The speech of the CEO of BlackRock: The CEO of BlackRock called Bitcoin "digital gold", which boosted market confidence.
4. Performance within the trend cycle: Bitcoin is still within the trend cycle, and the technical side supports the rebound.
A panic event: Mentougou began to ship and smash the market
But from the perspective of the market's ability to carry on, there is no big problem. Many people have begun to call for the return of the bull market, what do you think?
