拐点

A short-term sell-off swept the market. After breaking through a new high, Bitcoin was weak in the follow-up and ushered in a demand-driven correction. The price fluctuations directly reflected the market sentiment.
In the past 24 hours,
Bitcoin fell more than 3%.
The price fell below the support level of 12000.
Shanzhai stocks also generally followed the decline.
There is no sign of stopping the decline at the moment.
This also shows that the selling force in the market is dominant.

Reasons for the decline:
1. The negative news about Japan's interest rate hike is coming.
Every time the Bank of Japan raises interest rates,
The crypto market will trigger a sharp short-term correction.
Because, the yen interest rate hike will lead to the appreciation of the yen.