When I opened my eyes in the morning, I was greeted by another waterfall. A margin call of 682 million yuan was a bloody massacre!
We are really in hell! The coins that have skyrocketed are the ones I failed to get on board, the coins that have fallen are the ones I have fully invested in, and the coins that have exploded are the ones I have just leveraged! Steady, steady! The decline is for a better rise. We must find our own rhythm and find high-quality targets.
Most of the gains in the cryptocurrency market are concentrated in a few months, and the gains in those months are concentrated in a few days. Most of Bitcoin’s annual gains occur within 10 days of each year. If the best 10 days of the year are excluded, Bitcoin actually has a negative return.
This situation is more pronounced in altcoins! So when the market is down, don't be afraid, hold steady, and then wait! All waiting is just for these crucial days in the future. Most are in the cryptocurrency circle during garbage time, and one should know that patience is a thing more precious than gold—
Bitcoin plummeted below $100,000, hitting a low of $98,802.
Federal Reserve Chairman Powell made a surprising statement, emphasizing that the Federal Reserve has no intention of participating in any government hoarding large amounts of Bitcoin.
The Federal Reserve cut rates by 25 basis points, but the 2025 interest rate forecast unexpectedly set at 3.9%, exceeding the 3.4% expectation, with 'hawkish rate cuts' suppressing cryptocurrency buying.
At around 3 AM on the 19th, Federal Reserve Chairman Powell: (when asked about Bitcoin reserves) We are not allowed to hold Bitcoin, nor do we wish to change the law.
As soon as this news broke, $BTC nearly crashed below $100,000 within an hour, and other altcoins suffered greatly, even $DOGE dropped by 10 points.
This significant drop is largely due to friction regarding cryptocurrencies from several departments in the U.S.; on a smaller scale, it may be due to certain institutions premeditatedly shorting, using news to drive prices down for substantial profits.
Recently, overall market enthusiasm was too high. If nothing unexpected happens; the market, this time, with the knife handed over by Powell, should be undergoing one of the most brutal cleansings before the explosive altcoin bull market.
The Bank of Japan did not raise interest rates, maintaining a 0.25% rate, while Bitcoin regained $100,000.
The Bank of Japan announced its latest interest rate decision earlier, deciding to maintain the Bank of Japan's short-term policy interest rate at 0.25%.
This morning, the Federal Reserve announced a 25 basis point rate cut, and investors closely monitored the Bank of Japan's latest interest rate decision. Just earlier, close to 11 o'clock, the Bank of Japan announced that it would maintain the interest rate unchanged, with officials deciding to keep the Bank of Japan's short-term policy interest rate at 0.25% by a vote of 8 in favor and 1 against.
Perhaps motivated by the resolution of the yen arbitrage closing crisis, Bitcoin rebounded from an earlier low of $98,800 to regain $100,000.
When faced with such significant information, here are a few points:
1. The ratio of low long position and pending order position should not exceed 15% of the account funds;
2. For positions with floating profits, set a breakeven stop-loss immediately to prevent the profit target from being unreachable and the potential for a bearish pullback turning floating profits into floating losses;
3. If it breaks below the defense point, reduce the margin of the position to 10-15%, and you can replenish at a lower price to lower the average cost. Some people think about losses when slightly trapped in a low long position, which is the worst strategy.
If it were previous drops, I would have aggressively reminded everyone that this is an opportunity. However, looking at Bitcoin at $100,000, SOL over $200, and BNB at $700......... this position is really contradictory, and this kind of market is completely unpredictable and carries certain risks. In the end, I can only say that both risk and opportunity are equally large here.
