Last night's warning in the cryptocurrency market: 60 million selling pressure hides risks, don't ignore these 3 points!
Last night, the market saw a sudden drop of 60 million in selling pressure, which is no small matter—big players are cutting losses at market price, clearly indicating a collapse of internal consensus. In the past, there was a collective effort to drive up prices, but now everyone is eager to escape; being a moment too late could result in being left behind.
It is also important to note that the current market has poor liquidity, making it difficult for large players to smoothly offload their assets. If there is a sudden violent rise, don't think that a bull market is coming; it is highly likely that they are deliberately creating a "dumping zone" in anticipation of retail investors picking up the pieces.
Here are 3 practical suggestions for everyone: First, be wary of all sudden rises and falls; don't let emotions lead you astray; second, look for buying opportunities in low-price zones, as subsequent interest rate cuts may provide multiple chances; third, steer clear of high-leverage contracts, as engaging in high leverage at this time is like dancing on the edge of a cliff; preserving your principal is the way to go. $BTC