I heard someone shout that BTC is going to drop to 60,000? This wave of summer turbulence has indeed made the market sentiment restless— the worse the liquidity, the more various funds want to extract profits in the fields of meme coins and first-tier mining.

However, holding the 60,000 level requires multiple bearish factors to stack up, right? I've been looking at a correction since 110,000, but rationally speaking:

The 90,000 level is a normal amplitude under shrinking liquidity; wide fluctuations are needed to wash out a healthy market.

Dropping to 80,000 or even 70,000 would require a black swan-level shock. The fundamentals of Bitcoin are no longer what they were back then—from miners' holding costs to institutional ETF support, the consensus inside and outside the circle has already solidified the bottom at $BTC #加密安全须知 #交易手续费揭秘

BTC
BTCUSDT
85,800
-3.58%