60,000 is the iron bottom of this round of adjustment

I personally still believe that $60,000 is the bottom of this correction. From a trading perspective, the current price is very cost-effective. Don't be too discouraged, the market is just a bit more frustrating.

Judging from the weekly K-line, the continuous long lower shadows indicate that there is enough buying power to support the price around $60,000. Optimistically speaking, this is a process of accumulation of funds.

If the shock time here is long enough, a sufficient chip turnover area will be formed, preparing for the next market boom. The final test is the capital confrontation between buyers and sellers.


The impact of Bitcoin halving begins to show

The volatility of the crypto market in April has made many friends who trade in cryptocurrencies start to panic again. Many people have completely lost confidence, right?

Don’t worry, let me give you some psychological massage!

Since Bitcoin was issued in 2009, it has usually been halved every four years until 2140, when all 21 million Bitcoins will be issued. So far, Bitcoin halving has occurred four times.

Whenever there is a period of time after a Bitcoin halving, the price tends to rise significantly. From an economic point of view, when supply decreases and demand remains the same or continues to increase, it is normal for prices to rise. Scarcity attracts the interest of long-term investors because Bitcoin is likely to increase in value in the future.

For miners, the halving of mining rewards will lead to a temporary decline in profitability, and small-scale or inefficient miners will find it difficult to survive and eventually be eliminated by the market. This also allows the most environmentally friendly miners who can find the cleanest energy to survive.

BTC’s production cut has ended, and there are still four years until the next production cut in 2028. Before that, there may be a bear market for at least two more years.

At present, the bull market is indeed running out of time, and the bull market opportunity only lasts about one and a half to two years. #牛市启动

At present, many altcoins have returned to the starting point and may experience another major uptrend, with an increase of 5 to 20 times. This basically marks that the bull market is about to reach its peak and then begin a long bear market. #熊市

Future investment directions for the altcoin market and tokens in promising sectors: #山寨季


1. BTC Ecosystem: The inscription sector has great potential in the second half of the year, pay attention to ORDI, SATS, and RATS
2. RWA sector: focus on ONDO and POLYX
3. New Links: Follow TIA, SUI, SEI
4. AI field: GPT-5 conference is coming soon, pay attention to FET, ARKM, JASMY, WLD, PHB
5. MEME: Follow BOME, PEPE, WIF, SATS
6. Ethereum series: SSV, PENDLE, ETHFI

Now everyone is watching the grand occasion of Ethereum spot#以太坊ETF .

In November, the US election will set off a wave of vote-gathering in the crypto field. The candidate Kennedy said that if he is elected, he will invest the entire US budget in blockchain, which is simply a big pie in the sky for the future of cryptocurrency.

The Federal Reserve may cut interest rates twice this year, which will undoubtedly attract more traditional funds into the cryptocurrency market and boost the crypto market. When it comes to the Fed's interest rate cut, there is no need to worry too much. There are still several months to the end of the year, and no one can predict how many times the interest rate will be cut. However, Rick Rieder, the boss of BlackRock, thinks that the Fed may cut interest rates twice this year. He thinks that inflation is slowing down, and bond investors can take a breath. BlackRock has adjusted its strategy and is ready for long-term layout.

Everyone originally expected that there would be three rate cuts this year, but the core CPI in the United States was a bit high last month, and inflationary pressure has not subsided, so the rate cut may be delayed by a month. However, Rieder still insisted that there will be one or two rate cuts this year, and it may start in September.$BTC $ETH #大盘走势