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Recent market trends show Bitcoin #BTC 和以太坊 # ETH decline 📉 logic,
The most likely underlying reason is:
The Prince Group's 127,000+ BTC has been confiscated by the United States; the 61,000+ BTC confiscated by the UK belongs to the Wang scammer.
This has caused underground gray-market funds' lack of confidence in Bitcoin, leading to a pursuit of privacy chains, hence the rise of privacy chains.
This is short-term selling pressure, and it should bottom out very soon. Why are countries collectively increasing confiscation efforts? Because buying requires sources of funds; increasing new funds or total tax revenue is hard to reach consensus on, so using forceful confiscation becomes a shortcut.
After the national-level accumulation, especially led by the US, small countries will follow suit, so let's wait. During this transitional period, after the transition, Bitcoin will face a shift from dark to light, and all application scenarios will follow one after another. The darkness before the dawn of the blockchain era will soon pass!
The sky will brighten soon!
Next year, 200,000!