After the German government started selling BTC, more bad news came. Mt. Gox officially started compensating its victims. The previous Mt. Gox bankruptcy incident has been introduced many times before, and the victims have approximately 100,000 BTC waiting to be compensated to the debtors, the creditors. For many years, these BTC have not been actually compensated, but on the evening of July 5th, Mt. Gox began transferring BTC to the creditors one after another, and the long-awaited compensation finally began. After receiving the BTC, some of the creditors will definitely choose to sell, causing a market dip, which is really a double blow. Influenced by this news, the market, which was already full of holes, was hit again, making the situation even worse. But in my opinion, this may be the best opportunity of the year. Whether it's the German government selling coins or Mt. Gox compensating the creditors, they are all short-term unfavorable events, while the future interest rate cuts, the US encryption president taking office, and the BTC index fund are all long-term favorable information. The encryption industry has not encountered any systemic problems, and the basic law of fiat currency constantly depreciating has not changed at all. There is no sign of the bull and bear market pattern in the encryption market being broken, so I believe that now is the precious moment when everyone fears and you should be greedy. Unfortunately, most of the group members and I have already gotten on board early and have no ammunition left, so we can only watch. For those who haven't entered a position yet, now should be a very fortunate time. Bless you all, and I will continue to update the content of the encryption market. Interested frens can keep following.