This big dump came quickly and violently, it's really quite exaggerated. The total long orders across the network exploded to 1.908 billion, and the momentum of the long position army is like a rainbow, achieving another great victory. The short position army suffered a devastating loss and was ruthlessly liquidated.
Today's market situation is exceptionally abnormal! After yesterday's big dump, there has been no rebound so far. The market has been under pressure, continuously declining, with the fall reaching its peak. Following the usual norms, the subsequent market situation is expected to be mainly characterized by fluctuations and adjustments, with no major ups and downs unless something unexpected occurs.
Key reminder: At this stage, do not blindly bottom fish. With the weekend approaching, the market is already trending towards dullness. Entering the market at this time is purely a waste of mental effort and energy, and it is meaningless. The subsequent market trend will still be dominated by the bears, leaning towards a fall. The best solution right now is to remain cautiously observant! Operation suggestions Bitcoin: around 84800-85000, target near 82000 Second pancake: around 2780-2800, target near 2650
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
This big dump came quickly and violently, it's really quite exaggerated. The total long orders across the network exploded to 1.908 billion, and the momentum of the long position army is like a rainbow, achieving another great victory. The short position army suffered a devastating loss and was ruthlessly liquidated.
Today's market situation is exceptionally abnormal! After yesterday's big dump, there has been no rebound so far. The market has been under pressure, continuously declining, with the fall reaching its peak. Following the usual norms, the subsequent market situation is expected to be mainly characterized by fluctuations and adjustments, with no major ups and downs unless something unexpected occurs.
Key reminder: At this stage, do not blindly bottom fish. With the weekend approaching, the market is already trending towards dullness. Entering the market at this time is purely a waste of mental effort and energy, and it is meaningless. The subsequent market trend will still be dominated by the bears, leaning towards a fall. The best solution right now is to remain cautiously observant!
Operation suggestions
Bitcoin: around 84800-85000, target near 82000
Second pancake: around 2780-2800, target near 2650