Before every bull market, it is customary to have a big plunge to wash out the permanent long leverage. This intensity is probably about 30% in two consecutive days.

The biggest disagreement in the current market is the discussion of whether the last black swan plunge was the eve of the bull market or the day of August 18, 2023. Many people who are looking at the correction now have half or even short positions. Those who are optimistic that the decline has ended and entered the rebound cycle are basically full. .

We have seen an increase in the number of people opening leveraged long positions on Bitcoin recently, and expect greater volatility in the near future. Either these bulls will be wiped out and liquidated...or there will soon be a huge positive line in the pie.

The current market price is 27080. A big fluctuation is coming. What do you think next?