BlackRock is selling Bitcoin again~

For an already weak market, this is undoubtedly "another emotional blow"~
From a structural perspective, such news is more likely to amplify the existing weak trend rather than create a trend out of thin air. In other words, the market was already in a correction channel, and this is more like throwing a few more ice cubes into already cold water. Short-term volatility may look worse, but the true determinant of direction still depends on whether the subsequent volume, price, and structure can hold steady.
The market first digest emotions, then discuss trends~
In a sentiment-driven phase, stabilizing the hands is more important than guessing the bottom~