The price of Bitcoin has recently weakened gradually, coupled with a series of negative news releases in the short term, which can almost be considered a concentrated outbreak period; this has caused users in Old Cui's hands to panic, with countless users becoming bullish above eighty thousand, and when it fell below the critical position of seventy-five thousand, they began to turn bearish. Old Cui has also realized the confusion among everyone. But finance is not as simple as everyone thinks; looking back at the entire mid-term journey, Old Cui has awakened relatively early; being bullish at sixty-five thousand and bearish at eighty thousand is also a professional instinct that an analyst should have. Today, I took some time to systematically organize everyone's thoughts and later views. The earlier bullish stance was mainly due to the strong support at the new low of sixty thousand; the microstrategy, Binance, and Coinbase, even the Trump family have started to bottom out, with concentrated trading at below seventy thousand. Combined with the signals released by Trump, this threshold of sixty thousand is unlikely to give everyone another chance, so Old Cui will no longer blindly turn bearish at the new low.

This series of clues has made Old Cui more determined that the low point will get higher and higher, especially since this round of decline is merely a regular market washout. The range of sixty-five thousand to eighty thousand sees too many retail investors involved, which is not conducive to subsequent upward movements. The trend has not fundamentally changed. During the downward process, positive factors are often overlooked; for example, the recent domestic research on the formulation of cryptocurrency rules, and Trump officially confirming that the strategic reserve of the United States holds one million Bitcoin (it is highly probable that this is mainly from confiscation, rather than proactive funding). These two pieces of news will determine whether we can return to a bull market this year. In the mid-term context, among all the significant negative news, the most important is the transfer of company tokens; many tokens have been transferred to the platform, sending a strong signal for flight. In Old Cui's eyes, these actions are merely a regular short-selling tactic and do not indicate much.

The influence of Ethereum is even more interesting; V God’s irrational remarks directly led Ethereum to lead the decline. These negative messages have not occurred substantively, but rather seem like a form of intimidation to make everyone discard their chips. To clarify, on a short-term level, Old Cui is indeed bearish; otherwise, the previous articles would not have advised everyone to short. Old Cui does not see a new low, which is an emphasized point; Bitcoin can only be seen below seventy thousand, and above sixty-five thousand, the support at seventy thousand might not even break. Other cryptocurrencies are not so optimistic. If anyone wants to go long, there will be a correction today. For those with long positions stuck, a move up by a thousand points isn’t a big issue, which is around seventy-five thousand. It is just a matter of how everyone seizes this opportunity. Ultimately, Old Cui’s prediction for the later period still maintains the original judgment; fluctuations upwards will not see new lows. The explosion in the second half of the year is the trend worth waiting for. Recently quite busy, if anyone has substantial orders, you can directly ask Old Cui, no need to leave messages.

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