#数字货币市场回调 At 5 AM on Monday, before the US stock market opened, $BTC experienced a sudden attack - directly dropping to 84756. This can be considered a second test of the bottom; we need to closely monitor the US stock market this week.

December is originally the month for fund liquidation, and new layout actions will only take place around Christmas. ( Over there, Christmas equals New Year. ). What's more critical is that recently, regulatory authorities in certain regions have taken tough measures against stablecoin trading; the barriers for new funds wanting to enter the market have significantly increased. However, from a broader perspective, this crackdown was indeed necessary—right now in the crypto market, newcomers are basically just walking into a trap.

The kind of operation that uproots leeks completely will have a first, second, and third time. This terrifying speed of going to zero, combined with increasingly powerless gains, why would big funds stay in this? They might as well go back to trading gold or stocks, at least they won't wake up to a 90% drop. Since the project parties love to play extreme harvesting, the regulatory authorities should also show some color — you dig under my feet, I’ll just blow up the foundation.

My attitude is very clear: this wave of regulation is necessary!

What is the crypto space like now? Altcoins are blooming everywhere, with thousands of Memes emerging every day. 99% of VC coins peak immediately upon listing and then continue to decline without any upward movement. Bad coins have drained most of the funds in the market. The market will only be considered healthy when a large number of altcoins die off and only a few dozen mainstream coins remain.

So before the hype dies down and regulations are established, don't expect any crazy bull runs. The probability is that it will fluctuate widely within a certain range. Want to make money? You need to have solid trading skills.

I expect that in the next two years, every 4-6 months of bear market cycles will bring about a rebound of 50%-100% for mainstream coins, and tenfold coins? They will become increasingly scarce. If you want to earn more, you either need to learn how to rotate between positions or develop a keen eye for opportunities.

Back to the current market situation: first, let's look at the US stock performance this week, while observing whether the 81000 level can hold as support on the second test. If it holds, the recent fluctuation range will be between 81000 and 92000; if it doesn't hold, it will continue to decline.