#行情震荡下行，牛还在吗？ The Digital Money market is a complex and fluctuating market, whose trends are influenced by various factors including macroeconomic conditions, regulatory policies, technological developments, etc. Therefore, we cannot predict the future direction of the Digital Money market, nor can we determine if the Bull Market is still present.

However, there are factors that may have an impact on the future of BTC and other Digital Money. On the one hand, the approval of BTC ETFs may have a significant impact on the BTC market, as investors will be able to buy and trade BTC through traditional stock exchanges, which will further promote the circulation and recognition of BTC. Currently, the Securities and Exchange Commission (SEC) of the United States has approved 11 Spot BTC exchange-traded funds, which is considered a major step for Crypto entering the mainstream.

On the other hand, BTCHalving is also an important event. BTCHalving refers to the halving of BTC's Mining rewards approximately every four years, which has a profound impact on the supply, price, and the entire Crypto ecosystem. The next BTCHalving is expected to occur between April and June 2024. Historically, BTCHalving has coincided with significant price pumps, but analysts have different predictions for this Halving market.

Overall, the future of the Digital Money market is still full of uncertainty, and investors should remain cautious and invest according to their own risk tolerance.#币圈观察员