Is Bitcoin about to turn around? Dogecoin can't hold on, and the market has a face full of 'risk aversion'! 💥💣

Bitcoin surged to 94,825 and then fell flat, not even holding steady for a moment, and it closed with a bearish candle; it didn’t even break below 928, it's practically just doing Tai Chi in the 950-930 range. The sideways trading is so beautiful, I dare not look.

But look at BNB, ETH, and SOL, they seem a bit sturdier than Bitcoin, at least they are still struggling. In contrast, Dogecoin has collapsed on the spot, almost saying: I can't go on, you better leave.

The external environment is also unfriendly: gold is skyrocketing, US Treasury yields are rising, and the whole world is in a posture of 'I want to avoid risks.' Even more outrageous, an ETF directly liquidated 1,121 Bitcoins yesterday, pouring cold water on the market.

In simple terms: Don't get excited, the market is likely to continue to dig down; it might break 9 this weekend, so keep an eye on the crucial line at 920.

Ending golden phrase:

Market fluctuations are a fairy tale for retail investors, real declines are the childhood shadows of capital.