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Reason analysis is as follows:
The market hasn’t dropped because institutions and existing funds are propping it up, but there’s no new external liquidity (Federal Reserve easing + institutions going on a buying frenzy). As a result, BTC is hard to break above. Price increases require incremental capital; the current liquidity environment has existing funds but no strong new inflows.
The market projection is a ranging/oscillating pattern. For the short term, it’s suitable for high-selling and low-buying, not for chasing longs in a trend. #加密市场行情震荡