Wu Shuo learned that Bitfinex Alpha released a report stating that BTC experienced a 32% pullback after hitting a historical high of $111880 at the beginning of the year, but has rebounded strongly by over 50% and is currently in a healthy consolidation phase. The report points out that Bitcoin is gradually evolving into a "macro sensitive, belief driven asset", and its trend is more influenced by global liquidity rather than retail sentiment. Short term holders have recently achieved a profit of over 11.4 billion US dollars, and may face some selling pressure; But as long as BTC can remain stable above short-term holding costs (around $95000), structural demand will continue to support the market. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=43033