BTC production cut The difference between this production cut and the previous two:

1-The first two times were after the production was cut before the pie was able to break through the previous high, and this time the production has broken through the previous high before the production was reduced.

2-The entry of traditional institutions such as BlackRock ETF boosted the trend to break through the previous high ahead of schedule.

3- The leverage ratio is unprecedented, the annual interest rate of stablecoins has dried to more than 20%, and investors are more aggressive.

4- Retail investor participation is much less than before, and institutional whales are holding more and more positions