First, let me share my personal speculation:
After the coin dropped from a high position, it failed to rebound and challenge the 100,000 mark on Friday, and fell over the weekend.
As we approach the weekly close, the price has once again dropped back to around 95k, and there is a possibility of continued decline during the daytime.
Today marks the first day of MicroStrategy's listing on the US stock market, and we can feel the power of institutions.
Additionally, tomorrow the market will close three hours early, and the day after will be a full market closure, leading to relatively poor liquidity, which can be referenced by the weekend's fluctuations.
Since the fluctuation range over the next two days is not large, it is very likely that we will see a rebound and correction from today's excessive decline.
Therefore, my personal speculation is that there will be a one-sided decline today, followed by a rebound and correction over the next two days, ultimately closing the month around 97k.
As long as the coin does not drop below 90k, I will not take a long position. A 6%-7% drop in the coin is a sign of respect for MicroStrategy.
Of course, if you brothers want to go long, just manage your positions well. I won’t block your path to wealth; I just hope you have some risk awareness.