The current price of BTC is still steadily standing above the average peak of the previous bull market, this foundation is harder than the lives of veteran investors.
This smell clearly indicates that market logic has completely completed its version replacement. In the past, everyone was thinking about a deep squat after the halving, but the entry of ETFs directly welded the bottom. Although the Federal Reserve is still playing coy with inflation data, the resilience of macro liquidity is clearly exceeding expectations, and large funds are not giving any opportunity to fill the gap.
This wave belongs to the typical "old era peak has become the scaffolding of the new era", and high-level chip exchanges are very sufficient. It seems to be grinding sideways, but in fact, it is digesting profits and washing out those who are scared of heights. Does everyone think this wave can hold until the Federal Reserve really loosens the money? #BTC #Crypto #Macro $BTC
