No matter if you are currently holding a long or short position, a reminder🔔
Yesterday, Bitcoin broke through the 100,000 mark, and amidst the excitement, there was a sudden drop of nearly 10,000 points in the middle of the night. Many people woke up confused this morning. If I remember correctly, this time the liquidation exceeded 2 billion‼️
I remember mentioning a few days ago that market volatility was going to increase, so be cautious of risks. In fact, the risk isn't just the downside; when Bitcoin quickly shot up to 100,000 yesterday, many people suffered significant losses‼️
However, last night it turned around and plummeted again, showcasing the large fluctuations in the market.
At the current price of around 100,000, there could be fluctuations of over 10,000 points in a single day at any time.
Ordinary retail investors will only find it increasingly difficult to grasp the market; when it rises, they see 200,000 or 500,000, but when it falls, they feel it's worthless‼️
For the current market situation, I suggest everyone wait a few days until the market stabilizes before entering. We will continue to monitor the situation. If you are unsure, it’s better to observe more and refer to our views, which will be very helpful‼️
Finally, I want to remind you again, whether you are in a long or short position, always set a stop loss when entering. Last night was a clear example‼️#比特币今晨触及90.5K $BTC