$BTC

This morning BTC has plunged again! The 15-minute chart is dropping rapidly, and the bearish strength is strong, so don't rush to buy the dip! Take my advice, friends who shorted around 110,000 a few days ago may very well make a significant profit this time!

The positive news is almost gone! Now we only have the expectation of interest rate cuts holding us up, but this rate cut? At least we have to wait for three months? It's a long wait!

The new retail investors are going crazy! Recently, everywhere you hear "the bull market is here," "eternal bull market," and "buy with your eyes closed!" I definitely disagree with that!

The crazy bull market has already happened! From last September to this January, it went from 50,000 to 110,000, relying on the fire of interest rate cuts! And now? No interest rate cuts! It's all institutions buying in advance, plus “harvesting the shorts” to push it up. Now there are more long positions, fewer shorts, and wouldn’t the main forces need to turn down to “harvest” the longs below? (Personal sentiment: Isn't that obvious!)

Eternal bull? Dream on! BTC operates on high leverage, high risk, and unregulated paths! The Wall Street giants eat from both sides, they will go wherever there is money to be made! How could the volatility not be large? Can it compare to gold, which is being eagerly bought by central banks around the world as a “hard asset”?