This morning, Bitcoin broke below the 'upward trend line' we drew. Currently, the support level below is at 104,000, and I personally feel it will likely break this level as well.

This wave of decline is mainly aimed at the 'huge volume' long positions near 110,000 (we have never seen such a large volume before)!

Once the cleanup is complete, we will welcome the next wave of rebound. (As mentioned in the video, this drop is a good opportunity for altcoins to bottom out!)

Based on past years' bull market experiences, a pullback before Christmas is considered normal.

After Christmas, the true altcoin climax of this bull market will begin~ 😄