Below is the English translation of the content you provided, maintaining the original meaning and structure without embellishment:
The chief equity strategist at Zacks Investment Research has stated that the worst may not be over as Bitcoin (BTC) prices have fallen below $74,000.
In a recent interview on CNBC, John Blank mentioned that the price of this flagship cryptocurrency could potentially drop to about half of its current level.
"Overall, a cycle of Bitcoin's price increase typically lasts 12 to 18 months, which are very mature and well-understood technical characteristics. Falling from a high of $125,000 to $76,000, it is entirely possible for us to drop to $40,000."
He also shared his predictions regarding when Bitcoin might fall to $40,000.
"When will forced selling and liquidations bring us to $40,000? We could reach that very quickly, or more likely, gradually within the next 6 to 8 months."
Blank noted that although there are attempts to create demand through cryptocurrency ETFs and stablecoins, the market for crypto trading has begun to feel fatigued. He pointed out that the performance of trading platform Robinhood is outperforming that of the cryptocurrency exchange Coinbase.
"Another question is, how much longer can this game be played? You know, this kind of play can last for many years, but there is also a generational issue here. People are already tired of the entire crypto trading scene. Because the COVID-19 pandemic is over, and because there are now more other screen-based activities to engage in, people are feeling fatigued about it."
If you need, I can also rewrite this content into a Chinese press release, Weibo/Binance dynamic style, or a more bearish analysis post, directly usable for posting on platforms.
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