Personal opinion:
The bull market is still there in the general direction. Now it is just a stampede phenomenon caused by the bull market turning back. The US election at the end of 2024 is the node of the market intensification.
Friends who play spot can now gradually lay out the end-of-year interest rate cut market, hold spot, and wait patiently for profit.
Contract players still need to be cautious. The market is unpredictable. Mentougou, Grayscale, and the situation in the Middle East are the current global financial focus, and the currency circle is still digesting the shocks according to the situation.
I personally think that Bitcoin may fall back to about 50,000 for the second time to form a volatile market. Later, with the interest rate cut and the dust settling on the US election, the currency circle will gradually rise and break through the new high to form a crazy bull market.
