In this week's market dynamics, there are views suggesting that Bitcoin's price breaking through the $110,000 mark is a sign of market manipulation, followed by severe market fluctuations. Old Liu also publicly warned last week that a wide-ranging volatility period has arrived, and he clearly stated that it would last for a week.

Although Bitcoin itself did not experience a significant drop, other cryptocurrencies suffered heavy losses, which seems to imply that Bitcoin's volatility might be aimed at clearing leverage, while the upward trend of other cryptocurrencies could continue.

However, the recent market adjustments show a different situation: although Bitcoin's decline has been limited, other cryptocurrencies have endured significant hits. This indicates that the market has overheated and needs a drastic price adjustment to cleanse excessive speculation. As mentioned in previous articles, sharp price corrections often occur in bull markets, which is part of the market's self-regulation; without such adjustments, investors are often reluctant to relinquish their holdings.

Looking back at history, every round of bull market has been accompanied by multiple sharp price declines, and this bull market is no exception. While Bitcoin may not undergo excessively sharp drops, the adjustments of other cryptocurrencies might be more pronounced.

Looking ahead, investors may need to pay attention to whether the market has sufficiently declined from its peak, for instance by 30% or more, which could be an appropriate time to consider entering the market. It is recommended that investors build positions in batches, without hesitation and not overly conservatively. The market is always full of uncertainty, but timely actions and reasonable strategies are key to success. #热门话题 #加密市场回调 #市场回调抄底还是观望？ #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH $XRP