In the last 24 hours, over 490,000 people were liquidated! Bitcoin faced pressure at the $100,000 mark last night and dropped significantly, hitting a low of $94,000, plunging $6,000.

After oscillating around the $100,000 line for two days, Bitcoin broke below $100,000 yesterday morning and rebounded after reaching $98,000. Then, at 11 PM last night, it again faced pressure at the $100,000 line, resulting in strong selling, leading to a $2,000 drop in just one hour, completely erasing the gains from the previous three hours and starting a downtrend.

Between 3 AM and 5 AM, Bitcoin dropped another $4,000, reaching $94,000, and is currently rebounding to $96,000, with no clear signs of a bottom yet.

Such seemingly small fluctuations have led to 490,000 liquidations, resulting in a loss of $1.455 billion. The leverage risk is enormous; one must act according to their capacity and avoid falling into the trap of getting rich quickly! Recently, the Meme project with the Elon Musk concept, Marvin (7055), has garnered significant attention in the market, has a low market cap, and an active community, so it's worth checking out.