Dear friends in the crypto community👬

Why did BTC crash and break 97k?

Because data shows that when BTC falls below 97k,

there will be over 2 billion 💲 in liquidations.

However, for BTC to rise above 100k, only 100 million dollars in liquidations is needed.

But from the data, this has already been realized.

After BTC surged above 100k last night, it quickly fell 📉.

Around 4:40 AM on the 10th, it almost dropped below 96k.

The liquidation amount is at least over 3 billion.

It seems that December is really not calm.

The trend and volatility of Bitcoin are once again in sync with the US stock market.

Interestingly, in November, it was completely out of sync with the US stock market!

It seems my recent reminders ⏰ to everyone to hedge were indeed correct.