#Gate ETH十周年回馈# #特朗普AI战略# Bitcoin price "talking endlessly" (continuous fall) is usually related to multiple factors, and the core reasons can be analyzed from the perspectives of market, policy, technology, etc.

- Market sentiment and speculation: The price of Bitcoin is greatly influenced by market sentiment, lacking support from the real economy and being strongly speculative. When panic occurs in the market (such as economic downturns or preference for other investment products), a large outflow of funds can lead to a fall in price.

- Policy regulation tightening: Countries are tightening their regulatory policies on cryptocurrencies (such as banning trading, restricting mining, and strengthening compliance checks), which will directly undermine market confidence, affect the circulation and trading of Bitcoin, and consequently lead to a fall in prices.

- Technical and ecological issues: Bitcoin itself has problems such as insufficient scalability (slow transaction speed, high fees) and controversies over energy consumption. If there are no breakthrough solutions in the short term, it may be viewed by some investors as having "limited potential," leading them to choose to sell.

- Macroeconomic Environment: When global central banks raise interest rates and inflation remains high, risk assets (including cryptocurrencies) are typically sold off, with funds shifting towards more stable assets (such as the US dollar and bonds), and Bitcoin will also come under pressure.

These factors interact with each other, leading to a continuous fall in the price of Bitcoin.