The detailed key points of this $BTC plunge are summarized as follows:

Challenges facing altcoins: Similar to the black swan event, the altcoin market may be experiencing major difficulties, while Bitcoin is relatively stable.

Confidence of large institutions in Bitcoin: Large institutions such as BlackRock are actively buying Bitcoin, indicating confidence in the long-term value of Bitcoin. Grayscale Fund's operations are also unlikely to cause Bitcoin prices to plummet by more than half.

The criticality of the 60,000 price level: Institutions began to buy a lot of Bitcoin at 70,000, so the 60,000 price level is regarded as an important support point, and institutions may continue to buy at this price.

Potential decline of Bitcoin and long contract cleaning: Although Bitcoin has support at the 60,000 price level, there is still a possibility of continued decline, which is mainly to clean up the long contracts in the market.

52,000 as the next support point: 52,000 is regarded as the next important support point for Bitcoin. For investors, if there is spare money in hand, you can consider increasing purchases at this price, because waiting for a lower price (such as 40,000) may not be realistic, and market opportunities are fleeting.

Strategies for investing in altcoins: For investors who want to invest in altcoins, it is recommended to choose those that have fallen sharply and have a lower market value. Such currencies may have the potential for a faster rebound due to their large declines and the large number of investors trapped above. For example, the pepe coin on the meme chain, although currently in a correction phase, has a relatively stable rebound performance.

The importance of batch layout: Since it is difficult to accurately predict the lowest point of the market, batch layout is regarded as a more prudent investment strategy. By purchasing at different price points, the risk of a single transaction can be reduced and the flexibility of investment can be increased.

In general, although the Bitcoin market is currently in a downward trend, there are still some key points and strategies that deserve investors' attention. At the same time, investments in the altcoin market should also be carefully selected and laid out in combination with market conditions. #币安合约锦标赛 #币安上线ZK #MicroStrategy增持BTC #币安用户数突破2亿 #BTC☀ $ZK