Alas.

Bitcoin's 60,000 support is barely maintained, and it seems that it can't hold up. A replay of the old tune of the Iran-Israel conflict can scare retail investors like this, which shows that the market is not rational.

Judging from the K-line, I will add some spot of various coins near 60,000, but I won't use leverage. I will open a short message contract to try when it reaches the possible trend line support near 56,000.

Because although this panic will definitely dissipate after a while, retail investors can't stop selling. Let's be conservative and pick up their chips with snow, because there will be another interest rate cut and election stimulus in early November.

Take spot or low multiples, don't be aggressive, be patient, the bull market will come late but it will come, and it will only be a few weeks.