Reasons for the current weak market:

1. ETF expected to land

2. ETF funds entered from a small amount to a large amount until recently returning to a stable in-and-out state (emotional attention decreased)

3. Bitcoin halving is approaching

4. Chip exchange, the main force needs to continue to wash out a large number of previous profit-taking plates near the new high

5. Market emotional overdraft

It is difficult for us to know where and when the main force will wash. From a technical perspective, 63,000 and 60,000 are still very strong supports and are worth entering. As for when to wash, the longer the wash is above 63,000, the more conducive it is to pull up later. The main force is very reluctant to chip and will not use space to exchange chips. This is not cost-effective. Using pins and using time to wash the market is most in line with the interests of the main force. #BTC #ETH🔥🔥🔥