😱Bitcoin drops below 100,000, what are you panicking about? $BTC
Today, when I opened my eyes, I saw Bitcoin drop below 100,000 USD, and the community instantly seemed to catch fire, panic signals flying everywhere:
Some shouted "It's over, it's going to crash," some cut their losses and ran, and some felt like the end of the world had come.
But if we think calmly, this drop is actually not a surprise; it's been traceable all the way down.
First, let's talk about the news.
Not long ago, everyone was waiting for the US government shutdown to end, treating it as good news, and a lot of funds ran to position early.
But we all understand the market's habits—the moment good news is realized, it's time for short-term funds to take profits.
As a result, those who should harvest did so, and those who should withdraw did, plus with the strong dollar and rising US bond yields, it is completely normal for risk assets like Bitcoin to be drained.
Next, let's look at the technical side.
The 100,000 position has long ceased to be a healthy support.
Countless times it couldn't break through, simply because the selling pressure above was too heavy.
The strength of the bulls has been worn down almost completely; when this key point was broken, stop-loss orders and leveraged positions exploded together, causing selling pressure to drop like a waterfall.
The emotional aspect goes without saying.
Not long ago, the greed index was absurdly high, with a lot of people all in, waiting to "make one more wave."
As a result, when the market turned, the first thing to collapse was the mindset—
Some were afraid of giving back profits and ran, some rushed to stop losses, and those who were too leveraged got liquidated directly.
So many sell orders piled up at once, it would be strange if it didn't drop.
But here comes the point—
Don't be scared by this kind of short-term panic; this feels more like a washout by the main players rather than an end game.
The main players love to shake out weak hands, wash away those with unstable mindsets, so they can collect chips back at lower positions.
The cleaner the plate, the easier it will be to move forward later.
So this drop below 100,000 is more like a "chip reset" rather than an "end."
The market is always like this:
Drops are for handovers;
Panic is a chance for those still in the game.
ETH and the wave of tokenization have not changed in this big direction; rather, the more it shakes, the clearer it becomes who the truly strong assets are.
Stabilizing your mindset is more important than the market reversal.
