The cryptocurrency market is always changing rapidly; some may achieve a surge in wealth overnight, while others may instantly lose everything. Currently, traders around the world are closely monitoring BTC's movements and have issued a disturbing warning: in the next two days, BTC is likely to experience a significant drop. Are you prepared?
Temporarily exit the market and wait for a good opportunity to buy after a significant drop.
In the cryptocurrency world, the dove Eugene Ng Ah Sio is a legendary trader; every statement he makes is like tossing a stone into a calm lake, always provoking a storm. Last night, the dove released new updates, candidly stating that the current market is like a tangled mess, making it hard to grasp. He intends to take a break and return to real life. However, he emphasized that once the market shows clear imbalance, that is, if BTC undergoes a significant drop, he will immediately return to the market to prepare for bottom fishing. From the dove's attitude, it is clear he feels there are hidden crises in the current market, and ordinary investors entering the market at this time are likely to become 'leeks' being harvested.
Careful planning and layout, but hidden risks of a significant drop.
Trader Vivian's analysis is known for its detail and accuracy. On August 7th at 20:26 Beijing time, she updated her long-term market analysis for BTC and devised a seemingly perfect entry plan: starting from the Asian trading period on August 8th, she plans to enter the market in batches, investing 30% of her funds on the first day, then 50% when the full moon arrives on Saturday, leaving 20% as a backup to prevent adding positions if the price falls below expectations (below 108888). She predicts a strong upward wave as early as Sunday, with BTC prices rising from 108K to above 116K.
However, a careful analysis reveals that behind Vivian's layout, there are also hints of market instability. Her cautious allocation of funds, especially reserving 20% for extreme situations, indicates that she is well aware that the market may change at any moment. Looking at her short-term market analysis, on August 7th at 8:21, she predicted that BTC would see a surge around midnight before and after the London trading period, reaching 116666 before starting to decline. By 18:34 to 20:25, the target of 116K was achieved as expected, and what she referred to as the 'black line script' became a reality. This series of events indicates that the market is experiencing extreme short-term volatility, with rises immediately followed by declines. The future two days for BTC's trend are quite unclear, and the risk of a significant drop is quietly accumulating.
Market Potential Risk Analysis: Multiple factors intertwined, a sharp decline may happen at any time.
In addition to traders' views, many current market factors suggest there is a risk of a significant drop in BTC in the next two days. First, from a macro market perspective, the global economic recovery is slow, uncertainty is increasing, and investors' risk aversion sentiment is gradually rising. In this context, BTC, as a high-risk asset, is likely to be sold off by investors. Second, the recent pace of capital inflow into the cryptocurrency market has slowed down, and new funds are insufficient to support the sustained rise in BTC prices. Once the buying power weakens, selling pressure will surge, inevitably leading to a sharp drop in prices. Third, from a technical perspective, during the recent rise in BTC prices, a large number of profit-taking positions have accumulated, which can be sold off at any time, triggering price corrections. Moreover, some key technical indicators also show that BTC is seriously overbought, with prices deviating too far from the moving average, indicating a strong demand to return to the moving average.
Based on the comprehensive views of traders and the current market situation, the possibility of a significant drop in BTC in the next two days is very high. Investors must stay clear-headed during this time, take appropriate risk prevention measures, and must not blindly chase prices. If you hold BTC, consider reducing your position to secure some profits; if you haven't entered the market yet, be more cautious and wait to take action until the market direction is clear. In this brutal competition of the cryptocurrency world, only by surviving can you have the chance to laugh last.
