From the liquidation map, it seems that many investors are trying to bottom-fish, but the market doesn't seem likely to make a rapid V-shaped reversal. This round of market movement seems to be washing investors out until they are too scared to bottom-fish again. The last time Bitcoin's price spiked to 90,500, it nearly cleared out the bullish forces, followed by a quick rebound.

This time, the speed of the rise is relatively slow, so we can only bottom-fish slowly, following the principle of buying small amounts when there is a slight drop, not buying when there is no drop, and buying large amounts during significant drops. Taking advantage of the market's downturn to bottom-fish is the correct approach, as it is better than buying at a high. One must believe that the overall trend is upward and that enduring the current correction phase will be worthwhile. Additionally, using high leverage trading is almost like gambling with one's life; placing limit orders on the left side to bottom-fish is a better strategy, as being impatient won't yield good results.

Below are specific descriptions of each key point:

1. Bitcoin (BTC) had its gains from three consecutive days completely swallowed by a single day's crash, and the current rebound momentum is not very strong, making it more suitable to engage in limit orders for trading.

Bitcoin is currently facing pressure at the one-hour level, and if it cannot stabilize above the 98,200 price level, it will continue to drop further.

2. Ethereum (ETH) should pay attention to the one-hour level pressure point at 3,780, and the current price is already close to this pressure point, so we need to see if it can effectively break through it.

3. Mt. Gox has released another 3,419 Bitcoins, which is a bearish news.

4. The Bank of Japan may raise interest rates next week, which is also a bearish factor.

5. On December 10, 2024, Musk took action again by retweeting a tweet related to PEPE.