Jiang Zhuoer: No signs of a bull market in the funding situation; Bitcoin may see its last decline as it rebounds to $68,000 to $70,000
2026-08-08 16:35:14
According to CoinMeta, Jiang Zhuoer, the founder of LaiBit Mining Pool, stated that stablecoins in the crypto market continue to flow out. In the past month, USDT has dropped from $184.2 billion to $183.1 billion, and USDC has fallen from $73.28 billion to $72.15 billion, resulting in a total reduction of $2.23 billion. Currently, there are no signs of a bull market starting in the capital market. After Bitcoin rebounds to the range of $68,000 to $70,000 and breaks through the bearish trend, it may experience its final decline.
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Source：Internet
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