BlackRock had a net outflow of 355 million today, everyone is selling, and there is no rebound at all! The bears have won this time, our shorts near 92900 and 93200 are aiming for 78400, if it effectively breaks down here, then we will see 74500, those buying the dip need to be cautious! The short position from this morning didn't give an opportunity to enter, it's really a pity, the previous day's and the day before yesterday's short positions are continuing to play around 78400 and near 74500 after reducing their positions!

The cold wind of late autumn not only blows down the remaining leaves from the branches but also sends a chill through the cryptocurrency market. Bitcoin performed a 'high dive', plummeting over 32% from its October peak, not only breaking the psychological barrier of 87000 dollars but also briefly piercing the support level of 85300 dollars, creating a new low since April.

In this bloody storm, our prediction yesterday unexpectedly became an 'anchorage' for investors. The article accurately pointed out the short position suggestion near 93200, which perfectly captured a drop of nearly 8000 points within 24 hours, becoming a rare highlight in this round of decline.

This crash came quickly and fiercely. According to statistics, over 245,000 investors across the internet suffered liquidation within 24 hours, with 5.8 billion in funds evaporating instantly. Panic spread like a plague, while the market seems to still be searching for the bottom.