I talked a bit more, because when the news was released, it was indeed impossible to go up, and the fact that it couldn't go up at that point indicates there was a continuous selling pressure, waiting to be hammered down after the US stock market opened.

As expected, the market continued to decline.

I suggested buying at 97500, but didn't expect only a 1000-point resistance, which was immediately breached.

Yesterday, the net outflow of BTC ETF spot was 680 million, the highest single-day net outflow this year. This phenomenon will continue, and without any good news in the future, there will be more net outflows, and the downward trend will continue.

The subsequent strategy is that shorting during the rebound would be better.

#btc

#eth