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A few days ago, when I shared, I said that this place would oscillate back and forth (5.8～6.15), wearing down the patience of longs and shorts and repeatedly liquidating high-leverage positions. Personally, I expect it will eventually fall again to a new low. Can retail investors drive the price up without capital? $BTC
In the previous live stream, I mentioned that if it breaks below 60,000, it will continue to fall to 53,000. The process is very tough and requires time to grind through. Even if there is a rebound, it will be a weak one—short on rallies.
The strength of US stocks by itself is not the main cause of Bitcoin’s decline; the liquidity environment and where ETF funds flow are the decisive variables. What we need to be wary of now is the continued persistence of funds moving in a single direction toward AI. If the Fed remains hawkish and ETF outflows keep going, Bitcoin may face further pressure; but if liquidity improves or funds rotate into the crypto market, the two may not necessarily move in the same direction.$BTC