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Think about a question: Will BTC oscillate at this level
like it did in 2018 for nine months?
Or like in 2022 for five months?
Let me share my opinion: I think it's unlikely.
What’s the underlying logic? The current liquidity
has decreased by 80%, or even 90%, compared to previous years.
Suppose this level oscillates for another month ( just a hypothesis ),
plus nearly two months have already passed, making it about three months.
Doesn’t that make many people think the bottom is in?
I still believe that $60,000 is not the bottom.
Without high turnover, no volume at the bottom, it can’t be the bottom.
The decline is just a matter of time. After retail investors are shaken out,
the big players will start to push down the price.
If they aren’t shaken out, they’ll keep oscillating until they’re sick of it.
#BTC # ETH