Don't panic, let me analyze this for everyone:
It was mentioned yesterday that we would test the bottom again. It was also noted that this would happen at the opening of the brow bone and at the beginning of interest rate cuts. I just didn't expect it to come so violently.
This wave of panic selling caused by old Powell's remarks did not have a continuously rising market nor a continuously falling market. There is no need to panic; such a sharp decline necessitates a rise. At this moment, there are some signs of a V-shaped recovery. Once it goes up, everything will be fine. Over 700 million in leverage has been blown up, and many people have been trapped.
This bull market wash is too severe; we have to grit our teeth and endure. In the past, bulls did not encounter such chaotic situations. It has been repetitive; Bitcoin continues to hit new highs, while altcoins remain stagnant. But we must rally ourselves, grasp the main trend, and take advantage of the waves; as long as the bull market is still here, it won't go away.
The bottom has been tested, leverage has been cleared, and the tests have been conducted. Now we wait for the subsequent surge. If it goes up, it will explode the shorts!
