This adjustment started with the epic liquidation on December 9. It has been 12 days until today. Today, the overall market experienced a waterfall, with 1.372 billion liquidated, involving 423,000 people, a massive scale, with blood flowing like a river. However, from the liquidation map, BTC shows a trend of moving downwards, continuing to liquidate long leverage.
From the fear and greed index, the market sentiment is at 74, still high.
Overall, the market has not reached a state of fear; the weekend was two days of $BTC .
There is a high probability of consolidation, followed by a continued decline next week.