In one night, a major earthquake hit the financial market, all three major assets plummeted!

Waking up, the US dollar, gold, and Bitcoin all saw significant declines; this week's market trend is crucial, what exactly happened? Whether you are a big boss or a social elite, as one of the people who keep up with the rhythm online, I want to share a few key points about Bitcoin's intraday trend!

Last night, the international capital market was thrilling, first the US dollar dropped, then gold fell, and then Bitcoin followed suit. To sum it up with an old saying: Stimulating!

When the US stock market opened, Bitcoin initially dipped slightly, then as the US stock market opened, the downward trend accelerated, hitting a low of 945,000, after which it rebounded a bit, the short-term trend was similar to expectations!

Some people in the market said that the famous Wall Street hedge fund Citron Capital (known for short selling) shorted the publicly-listed company MicroStrategy, which holds the most Bitcoin, resulting in a sharp drop in MicroStrategy's stock price, leading to a drop in Bitcoin as well!

The short-term trend for Bitcoin looks bearish (1-hour level), and there are no sudden news affecting it, primarily shorting on highs in intraday contracts, with resistance around 966,000 and support around 932,000!

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