Mark Yusko of Morgan Creek Capital believes that Bitcoin's worst selling phase in the near term has passed, and the bottom may have already been reached. He views Bitcoin's current price as trading below its fair value, which is prompting investors to buy, but he expects Bitcoin's price to fluctuate within a range of just above $60,000 to just above $80,000 throughout the summer. Yusko points out that increasing Wall Street participation is changing price dynamics, with activity in the futures market suppressing spot prices, which reflects Bitcoin's complex financialization characteristics.

Coin界 News: According to Jack's tweet, the Federal Reserve is about to propose new regulations on banks' risk weights for Bitcoin. Currently, Bitcoin is classified as a high-risk asset under Basel Rules with a risk weight as high as 1250%, far exceeding other asset classes. This restricts banks from providing financial services for Bitcoin-related businesses. After the new regulation proposal is published, there will be a 90-day public comment period.

March 12, Thursday - Shipan with Dan Practical Trading Summary The intraday market was primarily concentrated during US stock trading hours. The daytime session maintained a narrow range consolidation rhythm overall. We clearly adopted a high short strategy in the morning and followed the trend to look for rebound recovery in the evening. Shipan internal layout totaled 4 positions throughout the day, achieving full-line profit-taking with a four-win streak highlight, cumulatively capturing 3,500 points of space on Bitcoin! Practical Operation Details Bitcoin (BTC) First position - Short: 70375 → 69663, gained 700 points Second position - Short: 70504 → 69532, gained 1,000 points Third position - Long: 69784 → 70612, gained 723 points Fourth position - Long: 69517 → 70294, gained 780 points In recent days, the market has been dominated by range-bound consolidation. Within clearly defined zones, going short at highs and long at lows can consistently generate stable profits. New members who joined have followed the guidance throughout and all achieved consecutive profit-taking. Range-bound markets demand extremely high precision in real-time decision-making. As long as entry points are accurately controlled, you can achieve both long and short kills; conversely, blindly chasing rises and selling falls only leads to frequent losses and pressure from both sides! If you keep hitting obstacles in trading with your position continuously shrinking, unable to find a stable profit method, why not join us? Muying is willing to be your guiding light on the trading journey, helping you accurately grasp market rhythm.