TechFlow news — Cryptocurrency fund management firm EMC Labs stated on X that the market correction since March 13 was driven by profit-taking and has largely completed, indicating a favorable buying opportunity. Whenever BTC enters a bull market and reaches new highs, long-term investors tend to realize profits, leading to periodic market corrections.
According to historical data, this correction has already passed its peak. The declining inflow of BTC into exchanges (indicating reduced selling pressure) suggests the bull market is likely to continue, and a solid buying opportunity has emerged.
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