Mike🍌 is here to cheer everyone up!😇

Last night🌃 Market Waterfall:

#BTC dropped below 87k

(consistent with Mike🍌's analysis at #Binance Square 📉)

Panic data: Extreme Fear! Mike takes you through a rational review～💪

1️⃣ Why is it so harsh?

After the Federal Reserve cut interest rates, there was no major liquidity injection, and the 2026 outlook only forecasts one cut, disappointing the funding party who retreated.

Tax losses + leverage liquidation: Significant selling pressure from tax losses at year-end, and high-leverage parties were liquidated in the waterfall, making the snowball grow larger.

Institution dynamics: Serious ETF outflows (over $3 billion in November), Standard Chartered cut its year-end forecast from $200,000 to $100,000.

Technical analysis: BTC broke the 90k mark, RSI is oversold, but a death cross has formed, making it easy to continue probing the bottom at 80k or even lower in the short term.😅

Advice🚨: Play less with contracts!!

Short position for the long term, invest in cryptocurrencies with a future.

Reduce short-term, fast trading🤝

Bear market corrections are a necessary course for bull markets.

This round of decline 📉 is also a precursor to future highs.

This market cycle will not last four years but will be faster!