Last night, the adjustment of Bitcoin was very fierce. When it fell below 62,000, many long orders were already broken.
Then it went all the way to 60,100, and the long orders chasing the long orders were basically dead. This is good news for the bull market. The expected adjustment just went a little faster. Overall, the rhythm of this wave was very stable.
Yesterday afternoon, three strong coins pushed in the early stage were released in succession. $TAO $SUI $SAGA were all at the daily pressure level, and they also adjusted with Bitcoin. Sui is really tough and is back again. Haha.
Bitcoin still needs to pay attention to the key support of 6w in the future. If the daily line effectively breaks 6w. Then... everything needs to be re-evaluated.
