In one night, 560,000 people were liquidated! Will it keep falling?
This crash really caught a lot of people off guard, many investors are feeling confused about the market, but just look at Wall Street, the Bitcoin ETF that ended early this morning is still seeing positive inflows, with funds reaching 500 million. Bitcoin started to drop yesterday, yet they kept buying; the big players have not retreated, and the fundamentals remain strong.
So this afternoon, Bull Song encouraged everyone to boldly enter the market and buy the dip on quality assets like Pepe and OM. Even if the market does not reverse, there is still a chance to profit from a rebound, and we are already up 10%.
This wave is purely the big players launching a surprise attack to clear leverage; there is nothing to worry about. Fortunately, we took profits on Neiro at a high point last night, and we entered Pepe at 0.21, which hasn't run away and is still in profit; I’m still holding it and remain optimistic in the long term. We advised selling Uni and Puffer two days ago, and now it's just right to buy the dip back.
And tonight until tomorrow morning, there's a decision from Microsoft's shareholders regarding investment in Bitcoin. If passed, that could mean a +10% increase; we are waiting for a miracle to happen.
