Why is Bitcoin crashing? The core reason started when the US confiscated $15 billion worth of cryptocurrency from a scam group, revealing to the world what decentralization of Bitcoin really means—it's all nonsense. Americans hold the ultimate keys to Bitcoin. The flow of Bitcoin is transparent when in the hands of the US government or related agencies. When they need to harvest, they can do so at any time. This is a trust crisis for Bitcoin. Since then, Bitcoin has continuously declined from over $120,000, and now it has been halved. Although there are many opinions now, Xiao Qing quietly bought the dip🤏 It looks like it's on the way to a rebound now, and there should still be opportunities to catch the bottom. Stay alert, everyone!#比特币早间极速跳水 #BTC #Bitcoin

【$BTC Signal】Long | Strong rebound after decline, testing key resistance After a quick drop to 59800, $BTC formed a long lower shadow on the 4H chart and rebounded strongly. Currently, the price is testing resistance near the previous high of 68500. After the funding rate turned negative, bearish sentiment was released, providing a healthy reset for the subsequent rally. 🎯 Direction: Long 🎯 Entry: 67200 - 67800 🛑 Stop Loss: 65800 ( Rigid stop loss, break below the 4H rebound structure ) 🚀 Target 1: 69500 🚀 Target 2: 71500 Deep technical logic: The price rebounded in a V-shape from the low of 59800, recovering most of the decline, indicating strong buying absorption during the drop. The 4H candlestick shows increased volume during the decline, and the rebound is accompanied by volume, indicating effective turnover. Currently, the price is consolidating above the previous dense trading zone. The shift to negative funding rates has cleared leveraged longs, reducing further selling pressure. As long as the price can stay above 67000 and break through the previous high of 68500, it will confirm that the decline is merely a shakeout, and the upward trend is highly likely to continue. Trade here 👇 $BTC --- Follow me: Get more real-time analysis and insights on the crypto market! ‍#Gate广场创作者新春激励 #Is the current market bottoming out or just waiting and watching?

Vitalik Buterin: We don't need more duplicated EVM chains… and no more Layer 1 networks Vitalik Buterin clearly stated: “We don't need more copied EVM chains, and certainly no more L1 networks.” A direct statement pinpointing the core issue: Real innovation isn't in copying the architecture, but in solving real problems and building genuine use cases on existing infrastructure. $BTC $GT #BitcoinHitsBear-MarketLow