Quote from: minairia3 on Today at 01:36:59 PM

Simply put, it's the movement of the market and that's also the interesting thing about bitcoin that no other asset class has. Bitcoin always surprises us, and it is our duty to have a plan to enjoy it. Instead of looking for why it went up and why it fell, we should be prepared for both scenarios because bitcoin is unpredictable. I'm just enjoying the bitcoins above $30k before another correction, I will be happy if I can buy back the bitcoins under $26k.

Indeed, Bitcoin continually surprised market with unanticipated moves, yet there is a always a rationale behind its volatility. The recent strong surge was triggered by sudden surge interest from mega financial institutions of United Staes in spot ETF. this heightened interest is likely to result in approval of ETFs, as they are highly influential with substantial financial resources. I think the Chinese factor didn't have significant impact current upswing in crypto market.