Bitcoin keeps falling. These days, everyone is watching the wallet addresses of the German government and Mentougou. The German government has been selling. The Mentougou wallet is still being sorted out. I will send you the wallet address, and you can monitor it yourself.

German government: bc1qq0l4jgg9rcm3puhhfwaz4c9t8hdee8hfz6738z

Mentougou wallet 1: 16eAGJEjqsUqngMfcysQECvp7TMU37P9gX

Mentougou wallet 2: 1HeHLv7ZRFxWUVjuWkWT2D5XFbXXvHoV68

Mentougou wallet 3: 1AsHPP7WcGnDLzxW2bUa2FcbJP3eZVEqpx

Mentougou wallet 4: 1L7XbxQSLQX2fkf8MiJNp4ok8TSD5J6onk

After Bitcoin fell below 58,000, it is currently around 55,000. This position is a relatively critical and important position. The current market selling is triggering on-chain liquidation risks. Wait for a wave of risks to pass, and the short-term panic in the market will come to an end. Be patient.

Currently, the 4-hour level is still looking for support downward. There is no unified consensus at the market level. The consensus reached last week has been destroyed. Currently, there is a strong support demand around 55,000 and 53,000.