We should look at this decline rationally
Every big wash is to prepare for the outbreak of the bull market later
I looked at the past trend of the big cake $BTC , and I have not seen a direct surge to a new high at this position
If we speculate on the future trend
The best one is that there will be a 312 or something like that later, and the chips will be cleared out at one time. The Federal Reserve announced a continuous interest rate cut. At this time, you can directly buy more and the big bull market will start directly
The second and worst trend is to fall a V-shaped rebound to 690, and then fall again. I don’t know how long it will take to adjust sideways
Why is the second worst? Because this trend is the most torturous, and most retail investors’ chips will be worn out again
If you want to really make money, you can only buy more in the trend
The above is only my personal understanding, not as an investment advice, maybe there will be a different trend later
