In the current turbulent digital currency market, Bitcoin has once again become the focus. As Bitcoin funds turn negative, miners' selling behavior becomes more frequent, and people begin to discuss whether the halving will cause a price drop. This article will conduct an in-depth analysis around keywords such as Bitcoin halving and miners' selling, reveal the inherent concerns of the market, and explore possible development trends.

Bitcoin halving refers to the phenomenon that the number of Bitcoins contained in each block is halved after every 210,000 blocks mined by the Bitcoin network. This event is considered an important moment when the number of Bitcoins issued decreases and the scarcity increases, and it usually attracts market attention and fluctuations. In the most recent halving, Bitcoin's mining rewards were reduced from 12.5 to 6.25, which means that the number of Bitcoins obtained by miners was halved, which directly affects the miners' profitability.

The frequent occurrence of miners' selling behavior has also become one of the focuses of market attention. As the price of Bitcoin fluctuates, some miners choose to sell their Bitcoins in order to avoid risks or obtain more cash flow. This behavior will not only affect the market supply and demand relationship, but may also increase the volatility of Bitcoin prices, and thus affect the stability of the entire digital currency market.

From historical data, the price trend of Bitcoin before and after halving is not completely consistent. After the first halving, Bitcoin prices experienced a short-term fluctuation, but then ushered in a long-term upward trend. After the second halving, Bitcoin prices experienced relatively gentle fluctuations, and the market performance was relatively stable. This shows that the impact of Bitcoin halving on prices is a complex and changeable process, which is affected by multiple factors.

In addition to Bitcoin halving and miners selling, the hidden worries within the market also need to be given enough attention. The digital currency market is highly volatile, and investors often face huge risks. The behavior of some speculators may increase market uncertainty and even trigger a vicious cycle. Therefore, regulators and relevant institutions need to strengthen market supervision, regulate market order, and protect the legitimate rights and interests of investors.

In the face of market changes that may be brought about by Bitcoin halving, investors also need to remain rational and calm. Excessive panic and pessimism often trigger violent market fluctuations and affect investors' decisions. On the contrary, only by looking at market changes rationally and making reasonable investment plans according to one's own situation can one better grasp market opportunities and obtain stable investment returns.

In summary, the miners' selling behavior caused by the halving of Bitcoin does have certain market concerns, but it does not mean that it will inevitably lead to price drops. Investors need to remain rational, treat market changes prudently, and do a good job of risk control in order to be invincible in the digital currency market. I hope that every investor will overcome all obstacles in this digital currency world and achieve their own wealth legend!

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Coin Circle (120bTC.coM): Bitcoin's fourth halving is currently expected to take place at around 9:00 am on April 20. However, recently, under the influence of the Federal Reserve's dampening of interest rate cut expectations and the intensification of tensions in the Middle East, bearish voices have gradually emerged.

For example, at around 10:00 earlier, after the news of Israel's missile attack on Iran came out, BTC once plummeted to $59,600, a drop of nearly 6.4% in 4 hours, and temporarily reported at $61,758 before the deadline.

JP Morgan: Bitcoin will fall after halving

Currently, the market has different views on the trend of Bitcoin after halving. According to Coindesk, JP Morgan, one of the largest commercial banks in the United States, predicted in its research report that BTC will show a downward trend after halving, because based on the analysis of open positions in Bitcoin futures, they believe that BTC is still in the "overbought area".

Coincidentally, analysts at Deutsche Bank also expect Bitcoin to not rise after the halving, but will remain high because the price of Bitcoin has digested the positive expectations of the halving event in advance.

Bitcoin funding rate turns negative and hits a nearly six-month low. Will BTC continue to fall until June?

Data shows that the BTC funding rate turned significantly negative on April 15 and April 18, hitting the lowest level in more than six months, indicating that investors' bullish interest has declined, and the price of Bitcoin fell by as much as 13.5% between April 12 and April 18.

Note: Negative funding rate means that there are more short sellers than long sellers, and the air force has to pay the funding rate to the long army, which is regarded as a highly bearish indicator.

Bitcoin perpetual futures 8-hour funding rate

X also has traders analyzing that the downward trend of Bitcoin may continue until early June. "Yesterday's Bitcoin closing price was below the 50-day moving average and fell below the March 20 low, confirming that it hit a mid-term high on March 14, and the low may appear around June 5."