After waking up, Bitcoin has indeed fallen to $92,000 - $93,000, and ETH has indeed fallen to $3,200 - $3,300, with short positions automatically taking profits;

Bitcoin has dropped from $102,724 to $92,500, another significant drop of 10%;

ETH has fallen from $3,744 to $3,208, a decrease of 14.3%; many altcoins have dropped around 30%; just as expected;

I mentioned on Monday when it was rising that this week would be a downward trend, the difference is whether it rises first and then falls or just falls directly. The comments below are full of ridicule, just like when I mentioned last month at the $100,000 breakthrough that it would drop, I knew it was stable!

Now that we are at this position, of course, we should buy in batches. Half of my spot orders have already been executed, and there may be a second dip. Tomorrow night, the non-farm payroll data will be released, which may also lead to another dip. If you are cautious, you can wait a bit;

However, it’s best to enter a little now, in four batches of 2-3-3-2. Don’t fantasize about buying at the lowest point; once it reaches the expected position, go in. It’s better to take bold action than to hesitate. January is still expected to rise (I say it will drop when it rises, and say it will rise when it drops; no wonder I often get scolded).

The current retail investors have very strong faith. Since December, every time Bitcoin breaks $100,000, it drops by ten thousand points; this has happened four times, and many people have given up, so the bull market is indeed about to enter a frenzied phase!

Today is January 9th, and I welcome everyone to come back in two or three months to dig up the grave.