Why did the big drop occur for $BTC ?
The big coin suddenly dropped significantly. I checked the Nasdaq and Dow Jones indices this morning and found that both had dropped, especially the Dow Jones, which has been declining for many days in a row.
The big coin is currently down by 3 to 4 points, and Ethereum is down by 5 to 4 points, hovering around 101000 and 3660 respectively.
To be honest, I believe the significant drop is still due to the 25 basis points interest rate cut and the short-term high position of $ETH . There’s no need to panic too much; this position will likely experience wide fluctuations for a while, and a 20-30 point fluctuation is quite normal. The only thing to consider is where you believe the high point of the big coin will go this round. A big drop is your opportunity to enter the market. If you're afraid of getting stuck, consider laying low in a bear market to earn a high probability of winning returns.
What does everyone think about the recent market situation?