Can't stop the car, Bitcoin has fallen below 100,000, long positions are starting to tremble, and people are anxious! The number of long positions being liquidated continues to rise! In the past hour, $46.06 million in long positions were liquidated, $150 million in long positions were liquidated in the past 4 hours, and over $550 million in long positions were liquidated in the past 24 hours, with 224,000 people liquidated...
During the Spring Festival, there will inevitably be a wave of strong bullish market, and there are currently no signs of a stop in the decline, so we should not easily guess the bottom and buy the dip! Prices have come down, costs are lower, which is a good thing, no need to panic! The profits from short positions are already in place, right? For Bitcoin, first focus on the support at 99,500, then 98,500 and 97,000. At this time, do not chase short positions, just like last week's high, I reminded everyone not to chase after the rise at high positions; it’s the same principle!