Bitcoin has fallen again by 10,000 points! #市场调整後的机会？
Falling from a high of 108353 to a low of 98802, a drop of 8.8%; ETH fell from a high of 4107 to a low of 3542, a drop of 13.7%; the altcoins basically fell by more than 20%, and the blood flowed like a river!
This is the third big drop in December within a month!
The first time: On the 5th, it just broke 100,000 and then plunged 10,000 points, but the altcoins did not fall much!
The second time: On the 9th, it fell with force, but it collapsed the altcoins in an instant!
The third time: This time, Bitcoin fell again after breaking a new high (this has almost become a rule), and it collapsed the altcoins again in a way of continuous negative decline and rapid decline!
Whether the reason for this decline is the hawkish remarks of Federal Reserve Chairman Powell this morning (delaying/reducing interest rate cuts) or the "Christmas robbery" phenomenon mentioned earlier! They are just inducements!
The fundamental reason is that Bitcoin has risen enough, and there is not enough new money; and after four rounds of halving bull market, the consensus is too strong and it is too difficult to clean up the market. The market has to be repeatedly ravaged in a short period of time to make retail investors give up resistance and hand over their chips. But if you look at the news, you will know that while retail investors hand over their chips, institutions are raising money to buy!
It was said that every time Bitcoin breaks through an important node, it will be confirmed at least 3 times. I thought this time might be an accident, but there was no accident. Bitcoin broke through 100,000 and then fell below 100,000, and it went back and forth three times, but the highs are getting higher and higher, and the lows are getting higher and higher. That is to say, Bitcoin fell three times in a month, but the overall price continued to rise!
From the perspective of liquidation, this time it was about 500 million, far less than the 1.7 billion on the 9th, indicating that the leverage has been almost cleared.
Therefore, this decline is still a wash-out, and it may be the last wash-out before the big rise, and it is also the last chance for retail investors to get on board;
Let me talk about another issue. The performance of altcoins in this bull market is so bad that many people say there is no altcoin season, but I say that the altcoin season is coming, and Bitcoin will soon be full and vomit!
After this decline, not many people in the market dare to publicly call for bottom-fishing, and even say that the bull market is over!
But I have always been clear-cut: the time for bottom-fishing is here, and positions are built in batches! The bull market is still long! Dare to buy if you dare to fall!
It won’t take too long, three months later, you will thank yourself for being brave now!$BTC
