Contract explosion of billions! A sharp drop is an opportunity!
Does this count as a second dip? If we only look at the 12-hour chart, if Bitcoin does not break below the new low, it counts as a second dip!
In the past day, over 572,000 people across the network were liquidated, far exceeding the major crash on March 12, 2020, when Bitcoin plummeted 50% in one day, liquidating about 100,000 people. A total of $1.72 billion was liquidated, and a whale long on $ETH lost a hundred million; this is why our community avoids high-leverage contracts, as we always say that making money from contracts is just part of the process, and liquidation is the result!
This time it's another midnight horror that could cost you your life! The difference is that the price of $BTC has not changed much, while altcoins have dropped by about 30%, effectively releasing risk!
Brothers, this is the best opportunity to get in; buy large on large dips and buy small on small dips. Don’t wait and miss the opportunity only to buy at high positions later. The opportunity is here, just do it. After buying, get on board and wait for the pump; this is the most comfortable thing right now.
Now it is better to be stuck than to miss out!
I believe that everywhere is gold; after about half a year, the current rise and fall on the K-line will all be based on a straight line. If I'm wrong in my understanding, then I acknowledge that after all, investment is the realization of your understanding!