Chives are when making money, you don't get a single cent; when losing, you spray everywhere; just got harvested.

Bitcoin is at the bottom near 78000, and this wave of decline has not seen a waterfall, totaling two days. Currently, the long positions that have been liquidated have reached 1.4 billion, approaching the 1.5 billion liquidation seen during the last waterfall event;

This is the result of catching the tail-end of the market, but the difficulty lies in the fact that many people do not realize that it is the tail-end, and they are still hoping for a continuation of the large trend without any correction;

Currently, this wave of decline should temporarily stop around 95, but the bottom consolidation is still uncertain. The liquidation data is sufficient, but the open interest needs to decrease further, and the funding rate also needs to stay negative for a while. On the K-line, a sideways structure needs to form at the bottom, so let's give the market some time. Short positions are possible, but if you want to capture a larger move, be prepared to manage your stop-losses; $BTC

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