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Yesterday Bitcoin $BTC surged to 73000+, and Ethereum $ETH rushed to 2200+,
I thought we had broken through and would see a small rally, but unexpectedly it dropped again today.
It turns out bull markets are indeed hard to recover from. We need to be prepared for prolonged consolidation.
Right now all the attention is on AI. Those Bitcoin mining computing power companies have all moved into AI computing.
Capital is not flowing into Web3, so we can't rule out the possibility of further downside, after all, bear markets have no bottom.