Last night's market was really volatile, with one K-line reaching as high as 100,000 USD, which was driven by the influx of funds after the US stock market opened.

Last night can be described as a dual explosion of long and short positions, first clearing a wave of high-leveraged short positions, and then clearing a wave of high-leveraged long positions at the bottom. Due to the recent overall contract market position rate reaching a new high for the year, I believe this is a sign of liquidation.

In previous videos, I also mentioned that I believe Bitcoin currently has two key support levels below: one is 96,000 USD, and the other is 94,000 USD. These two levels are the defense zones for the bulls, and if they are broken, the overall market sentiment may also turn downward, so you need to pay attention at that time ⚠️

Currently, it seems that Bitcoin has shown signs of stopping the decline. If there are still friends holding USDT or not fully invested, I believe it might be worth considering buying some spot around this price level. #加密市场回调

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