Today, a brief overview: BTC has fallen below a key support level, and market panic is spreading. Although BlackRock has sold off some holdings, it has also applied for a new Bitcoin ETF, indicating that its long-term strategy remains unchanged. Currently, market sentiment is strongly bearish, but long-term outlooks still vary. In the short term, prices may further decline to $58,000, while in the long term, there is potential for new highs. #BTC #ETH
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Today, a brief overview: BTC has fallen below a key support level, and market panic is spreading. Although BlackRock has sold off some holdings, it has also applied for a new Bitcoin ETF, indicating that its long-term strategy remains unchanged. Currently, market sentiment is strongly bearish, but long-term outlooks still vary. In the short term, prices may further decline to $58,000, while in the long term, there is potential for new highs. #BTC #ETH