Last night, I was sleeping soundly, and when I woke up, it was another scene of blood flowing like a river, countless liquidations, and the cries of despair. During the live broadcast last night, many fans should have escaped a disaster. The Federal Reserve's interest rate cut should be a positive sign, so why did it instead crash? Recently, the U.S. stock market surged to a height of 20,000, which is actually the moment when Wall Street big shots and Eastern capital are hunting. Everywhere seems to be improving lately, but it always feels off. The retail investors in the U.S. and those in the East are actually the same. They both chase the rise and sell on the fall, being led by the news in front of them.

I have already said that there is a one-month window after Trump takes office, and this interest rate cut is favorable, but there will be no other positive support afterwards. At most, there will be 1-2 more rate cuts by 2025 for Trump to operate. BTC's new rise requires new narratives to drive it. I already reminded two days ago that the appearance of the spirit plate line indicates a risk of a pullback. Last night, I suggested again that partners in cycle layout can place orders on the 5-10 day line at the monthly level; nothing is impossible.

Currently, BTC has broken the upward trend line on the daily level with increased volume, and a large amount of capital is fleeing. If today’s close does not hold, it will continue to drop. The lifeline support is around 96,500, and the ultimate support is around 90,846. If it breaks down, it's a trend reversal, and you will see BTC at the 80,000 level. Now, the MACD has a death cross pointing down, and the decline has not ended.

On the four-hour level, there is no pin bar pattern, and it has not stopped falling yet; don’t rush to enter the market.

After just falling, I see the long-short ratio rising. At this time, I suggest quick entry and exit; do not have a big picture. To say something unpleasant, are you foolish? Entering the market to catch falling knives now.

During the live broadcast last night, I already reminded all partners entering the market to set stop-loss at the current price and place orders. When I woke up in the morning, I received many thanks from people. In the crypto market, the daily K-line fluctuates, and one must always respect the market. Money earned by relying on trends and luck is actually just temporarily held for the institutional investors. I have repeatedly suggested that everyone remember to withdraw U to cash out. Taking it out for living is the right thing to do. In exchanges, a careless wave can lead to a return to zero.

Today, don’t rush to enter the market; lie flat and observe. If you really want to enter the market, wait for the 4-hour MACD to stabilize on the right side before entering. Remember what I said, for spot cycle players, place orders on the 5-10 line at the monthly level. So isn’t this opportunity coming slowly? $BTC