In the past 24 hours, the entire network has liquidated $1.023 billion, with over 300,000 people liquidated. Cherish life and stay away from contracts. This time it's done, many have been wiped out, and next it will be the turn of the shorts. This weekend to next week, let's temporarily watch for a rebound, but a reversal may not be feasible.

Spot users have nothing to worry about, just prepare for a 1-month adjustment. After the adjustment, it will still be meme AI value clones (top DeFi, quality RWA, top-level L1).

There’s not much to say about Bitcoin's long-term cycle, it has been continuously rising, and I am very optimistic about next year's market.

At the 4-hour level, there is a clear support signal near the bottom at 95,000. Let's look for a rebound from this weekend to next week's Christmas, after all, foreigners are on holiday during the festival. This year's market is just like this, next year will be even crazier. This year is just a rehearsal, while also indicating to you what aspects and tracks the market likes to focus on. Everyone must summarize more; if there is no continuous innovation to drive it, the secondary market will be very difficult to operate.

The on-chain AI concepts have been rising well, so everyone should pay more attention. The on-chain funds are more active.