9.4 Accurate market analysis:

Good morning, fellow coin friends. BTC fell below $57,000 at 9 am.

When the market plummets or soars, the human brain will be stimulated, thus making irrational judgments.

How do we view the current market? We still need to analyze rationally,

explain it more clearly, and avoid ambiguous analysis.

The core factors of the current decline:

Mentougou released more than 80,000 BTC last month.

These BTC continue to cause selling pressure. If 3,000 are sold every day,

then it will affect nearly a month.

The stage we are currently in is the oscillation range of digesting Mentougou's selling pressure.

When will it plummet or fall sharply? Two aspects

(1) There are too many profit-taking orders in the market, and the cost is low. A large-scale sell-off will cause a sharp drop

(2) A black swan event will cause a sharp drop

The current short-term cost of the market is $63,000

The 100-day cost is $59,000

There is no other profit-taking order except Mentougou

Therefore, from a rational analysis and judgment, there is no possibility of a further sharp drop

The current price is not the bottom but close to the bottom

Why do you ask everyone not to sell at a loss? What if it rebounds after selling at a loss

If you buy a token that is not a high-inflation token, it will fall for 1 month, and it will rise quickly in a few days when there is good news

You must see hope in a crisis to have a chance to make money.