The market value of Bitcoin has reached its peak in the short term 🟩 527 Market Analysis The current market value of BTC against knockoffs has reached around 64% and has hit the long-term suppression line since 2017. The last time this line was reached was in 2021 and 2020, during the bull market of the double headed bull market. But don't get too excited too early. I believe that after reaching the peak in the short term, there won't be a significant decline in market value, meaning there won't be a big knockoff season. The BTC market value below, which accounts for about 60%, is still a very strong support point. From a longer-term perspective, it is obvious that there will be a low volatility triangular convergence pattern. 🟥 Why can't we compare 2020 and 2021? The volume has increased The external force has increased Many large institutions on Wall Street did not enter the market for speculation, but rather for long-term holding. Hot money centered around Bitcoin will only continue to increase. So from a general trend perspective, it is inevitable for the Bitcoin exchange rate to suppress counterfeiting in the long term, and do not fantasize about a sharp decline in market value. Times have changed, and logic has also changed. Shanzhai has differentiation and hotspots, as long as you make money. If you are still living in the dream of the last bull market, you are destined to be disappointed in this round.