On this day, some people became rich overnight, while others became poor overnight and had to live a life of eating dirt. Everyone's expression was different, but the market and human nature never changed.

A friend of mine bought PEPE at the beginning of the year and made 10 times the profit overnight, but when he went long on Bitcoin, his profit went back to zero overnight. There is only a thought difference between getting rich overnight and going back to zero. This is the charm of the cryptocurrency world, which makes people obsessed and unable to leave for a long time.

But it is undeniable that if we are not greedy, we will not lose a lot of money. Whenever the market sweeps away people's wealth, everyone will agree that investment should always put risk first.

Let's talk about the market. In the absence of new funds, this wave of Bitcoin's plunge has completely destroyed the popularity of the cryptocurrency circle. All leverage in the copycat market has returned to zero during this period, and positions have been liquidated. These investors may leave their beloved cryptocurrency circle, making the already deserted cryptocurrency circle even worse. Those who want to buy at the bottom can be patient and wait for the real bottom to be built. The panic is very serious at present. It is a bottom rebound, not a bottom wait.

Market analysis:

BTC：

Yesterday we said that it would break 56,000. Today the market started to accelerate. I just took a look at the contract and the on-chain market. Only more than 50 million long positions have been liquidated, while the short positions will have a profit of 3.1 billion if it goes up to 65,000. At this time, I suggest that everyone wait and see about the contract and don’t get involved in the meat grinder!

ETH：

2800 is a very important support level. If the support fails, it will fall back to 2400;

Altcoins:

The altcoins have been smashed beyond recognition, so you can pay more attention to the strong coins!

$TRX $SOL $IMX DROA and other recent attention···········

#Mt.Gox将启动偿还计划