Bitcoin just 'plunged' directly, within minutes, the price dropped from $114,780 all the way down to $110,484!
This is not a random small fluctuation; it is clearly a premeditated liquidity assault.
What's going on? Many retail investors thought Bitcoin would rise and rushed to go long. As a result, Bitcoin couldn't hold above $114,000, and that's when the big players seized the opportunity to push the price down. This push triggered many stop losses and liquidations, forcing sell-offs one after another, and the price fell increasingly faster, leading to the crash we see now.
In simple terms, the market is clearing out those overly leveraged long positions. Once it's cleaned up, we can think about the next steps. Right now, we need to focus on a key level: whether Bitcoin can stabilize above $110,000. If it can stabilize, this drop might just be a corrective adjustment. If it can't hold, we might face greater downward pressure before the next market rally.
When to enter, when to exit? How to catch strong coins? What to set for profit-taking? Jiushen will inform fans immediately on the luxury skirt; as long as you follow my ideas and execute what I say, you will definitely reap the rewards!
