Odaily星球日报讯 OKX 行情显示，BTC 跌破 65000 USDT，现报 64906.8 USDT，24H 涨幅收窄至 3.5%。 ETH 跌破 3500 USDT，现报 3471.13 USDT，24H 涨幅收窄至 3.22%。

Odaily星球日报讯 OKX 行情显示，BTC 跌破 65000 USDT，现报 64906.8 USDT，24H 涨幅收窄至 3.5%。ETH 跌破 3500 USDT，现报 3471.13 USDT，24H 涨幅收窄至 3.22%。

BTC跌破65000 USDT，ETH跌破3500 USDT

Odaily Odaily News OKX market shows that BTC fell below 65,000 USDT and is now at 64,906.8 USDT, with the 24-hour increase narrowed to 3.5%. ETH fell below 3,500 USDT and is now at 3,471.13 USDT, with the 24-hour increase narrowed to 3.22%.

BTC fell below 65,000 USDT, ETH fell below 3,500 USDT

Odaily Odaily reported that OKX market data showed that PEOPLE broke through 0.08 USDT and is now trading at 0.0802 USDT, with a 24-hour increase of 9%.

PEOPLE breaks through 0.08 USDT, 24H increase of 9%

Odaily Odaily News Coingecko data shows that the total market value of cryptocurrencies has exceeded 2.5 trillion US dollars, currently at 2.537 trillion US dollars, with a 24-hour increase of 1.7%. In addition, BTC has a market share of 51.3% and ETH has a market share of 16.7%.

The total market value of cryptocurrencies has exceeded 2.5 trillion US dollars, with a 24-hour increase of 1.7%.

1/N BTC will not rebound to the previous high
Please think about what the general environment was when BTC reached the ATH twice before?
1) Strong and continuous ETF buying, real money (Figure 1)
2) Peak liquidity (February-end of March) (Figure 2)
3) Excessive market expectations of interest rate cuts, as high as 180bp at the beginning of the year (Figure 3)
What is the current environment? You will find that even none of these conditions can be met now. Let's dive in together.
2/N
For ETF buying, please refer to Figure 1. The "marginal purchasing power" is actually much lower than at the beginning of the year. How to understand? If you put...