In the past 24 hours, the entire network has liquidated $10.23 billion, with over 300,000 people liquidated. Cherish life, stay away from contracts. This time it's done, many have finished liquidating, next it should be the short sellers. This weekend to next week, we will temporarily look for a rebound market, but a reversal may still be difficult.
Spot users have nothing to worry about, just need to adjust for a month, and after the adjustment, it will still be meme AI value imitation (top deif, quality rwa, top L1).
There’s not much to say about Bitcoin's long-term cycle; it keeps rising. I am very optimistic about next year's market.
On the 4-hour level, there is clear support around the bottom of 95,000. Let’s see the rebound from this weekend to next week’s Christmas, after all, foreigners will be on holiday during the festival, and this year’s market is just like this; next year will be even crazier. This year is just a performance, and it also tells you what aspects and tracks the market likes to focus on. Everyone must summarize more; if there is no continuous innovation to drive it, the secondary market will be very difficult to operate.