This round of decline has two basic scenarios:
One is a continuous downward trend, reaching around 1K, which is highly unlikely.
The other is a rebound around 1700,
which is now.
This year, due to the implementation of regulatory legislation,
there was also a very sharp decline,
and there is a high probability of another.
But before it actually takes effect,
there is often a rebound first.
This is market inertia
and emotional recovery.
The real test
comes after the rules are clarified.
Once the legislation is officially enforced,
centralized exchanges face
not just market trends,
but complianc