Everyone has their own opinions on how things could unfold in the following months, but I don't know how to comment at all on what will happen from today until the halving, which will most likely be within the next month. Given that we have completely new players on the market (spot ETFs), major price changes are possible due to inflows and outflows of BTC from these funds.

Grayscale still has about 350 000 BTC in its possession and continues to sell them, and if a "black hole" happens again in the sense that other ETFs stop buying for a few days, a correction will occur again.