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#BTC跌破60K，选择抄底还是等待？
It is reported that on July 5th, BTC fell below $54,000, and the fear and greed index dropped to 29, the lowest point since early 2023.
The market selling pressure mainly comes from the German and American governments selling confiscated BTC.
Prominent figure Rachel Lin pointed out that the selling pressure is unlikely to ease in the short term and is expected to lead to large-scale selling.
Markus Thielen, a well-known figure, believes that August and September are challenging months for BTC, but if the Fed cuts interest rates in September, BTC may rebound.
#币圈观察员 #CryptoObservers