Don't panic, let me analyze this for everyone:
Yesterday I mentioned that we would test the bottom again, and it was mentioned that this would be around the brow bone opening and when the interest rate cuts began, but I didn't expect it to come so intensely.
This wave of panic sell-off caused by old Powell's speech has led to a crash; there hasn’t been a continuously rising market, nor a continuously falling one. There’s no need to panic; with such a steep decline, there is bound to be a rebound. At this moment, there are signs of a V-shaped reversal; if it rises, everything will be fine. Over 700 million in leverage has been liquidated, and many have been trapped.
This bull market is being washed out too severely; we have to grit our teeth and get through it. In the past, bulls have never faced such a dire situation; it's been a constant back-and-forth, with Bitcoin reaching new highs while altcoins are still lying low. But we must pull ourselves together, seize the main trend, and ride the waves; as long as the bull is still here, we won’t leave.
The bottom has been tested, leverage has been cleared, and tests have been conducted. We await the subsequent surge. Once it rebounds explosively🈳!
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