From the liquidation map, it seems that many investors are trying to bottom out, but it feels unlikely that the market will quickly exhibit a V-shaped reversal. This round of market seems to aim to wash out investors until they dare not buy the dip anymore. The last time Bitcoin's price spiked to 90,500, it almost completely cleared out the long positions, followed by a rapid rebound.

This time, the rebound has been relatively slow, so one can only slowly buy the dip, following the principle of buying small amounts during minor dips, not buying if it doesn’t drop, and buying large amounts during substantial drops. Taking advantage of the market's downward pressure to buy the dip is the right approach; it is certainly better than chasing high prices. One must believe that the overall trend is upward, and enduring the current correction phase will be fine. Additionally, using high leverage trading is akin to gambling with one's life; placing dip-buying orders on the left side is a better strategy, as being too eager can lead to losses.

Below are the specific descriptions of each key point:

1. Bitcoin (BTC) previously saw three days of gains completely wiped out by one day of plummeting prices. Currently, the rebound momentum is not very strong, so it is more suitable to execute dip-buying orders. Bitcoin is currently facing pressure at the one-hour level, and if it cannot stabilize at the 98,200 price level, it will continue to decline further.

2. Ethereum (ETH) should pay attention to the pressure level of 3,780 at the one-hour level. The price is now approaching this pressure level, and it needs to be seen whether it can effectively break through it.

3. Mt. Gox has transferred out 3,419 Bitcoins, which is considered bad news.

4. The Bank of Japan may raise interest rates next week, which is also a negative factor.

5. On December 10, 2024, Musk took action again by retweeting a post related to PEPE.