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#DOGS Xiao Niu looks at the market:
BTC fell below $58,000 yesterday and briefly rebounded to around $60,000, then fell back to $59,000. ETF funds continued to withdraw, indicating weakness. ETH rose slightly to above $2,500, with a small inflow of funds into ETFs, but it is expected to have difficulty in independently strengthening. Altcoins generally declined, with DOGS being slightly prominent. The AHR999 index is 0.64, suitable for long-term investment in BTC; the fear and greed index is 29, indicating market fear.
#BTC