BTC Plunge Warning: Don't Let FOMO Emotions Cut You Like Chives!
Core Viewpoint:
The sudden drop in BTC during the morning session is not accidental, but rather an inevitable result of the end of positive news + liquidity harvesting. Brothers who shorted around 110k a few days ago are likely to reap big profits this time!
Why Did It Drop? Three Major Reasons
1. Interest Rate Cut Expectations Have Failed
Last year, a 75 basis point rate cut directly pushed BTC from 50k to 110k, but now the rate cut is nowhere in sight.
Currently, the rise relies solely on institutions' speculation + short liquidity explosion, and once the shorts are squeezed out, the main force will immediately counterattack.
FOMO Emotions Are Overheated
Newbie chives are frantically shouting "Eternal Bull Market", but BTC is essentially a high-leverage casino, not gold. Historical lesson: The crazy bull market from September last year to January this year has already played out, and now it is purely emotional overextension.
Technical Signals
The downward momentum on the 15-minute chart is strengthening. Once the psychological barrier of 100k is broken, it will directly look at 94k → 85k.
Altcoins will fare even worse.
Operational Advice: Don't Be the Bag Holder
For Contract Players: Short around 100k, target below 94k.
If it rebounds to 105k, add to the short position!
For Spot Traders: Hold on! Only consider averaging down below 85k.
Leverage Discipline: Don't exceed 10x! The main force specifically targets high-leverage gamblers.
As the market continues to change, we need to closely monitor market signals and seize new entry opportunities. Like + comment, and let’s navigate the bull market together to seize this major opportunity!
