Market crash, waterfall, or correction?

Attention! ❕ The market has started to crash! Just mentioned yesterday to be wary of the risks of a market correction, manage well, and don’t think that just because you made some easy money in a bull market you can start to get carried away. While you can earn, our community is also feasting well, haha 😄

Brothers, the market fell by nearly 6000 points yesterday, and the bears had quite a comfortable time. It seems like the 100K mark is getting further away! Congratulations to the following bears for coming back to life.

Being trapped, being blown up, being laughed at, it's not easy to hold on through this. Yesterday's crash really cleaned out those who were chasing high and heavily invested in long positions! At 3500, Old Liu advised the community to short, holding firmly.

Yesterday, I said to watch for 95K support, and indeed this correction came down hard as per my script. This wave caught many beginners off guard.

At 6:30 AM, the market dropped below 93K, causing the long positions to start worrying that the bull market was over! Reports suggest that this correction was triggered by long-term holders selling off, rather than institutions or Bitcoin spot ETFs. In the past 24 hours, a major whale sold about 120,000 Bitcoins, while the US ETF absorbed nearly 90% of the shares. Is this also sending a signal that this correction is just to build momentum for the next push towards the 100K mark?

Old Liu shares his view that this correction is not the bottom yet. Although the overall trend remains positive, the situation between Russia and Ukraine will have a certain impact, even if Bitcoin ETFs continue to flow in. Old Liu believes that only around 3200 will there be a strong rebound.

For brothers who followed Old Liu's Ethereum strategy, just set the break-even loss at 3380 and take profit at 3150, let the gains fly a little longer! #热门话题 #比特币盘整分析 #比特币关键区间 #ETH市场新动向 #NOT市场动态 $BTC $ETH $SOL