Pancake briefly broke through the all-time high of 69,000 US dollars on March 5, but in the blink of an eye, it was smashed down before it could stand firm. The deepest retracement fell to 59,000, which is close to 15%.
However, the sharpest drop occurred at 4 a.m., when most people were sleeping and didn’t watch it. When they woke up, it rose back to 66,000+.
Regarding the selling point, based on previous historical rules, 2026 is the year of correction, and shipments are planned to be in 2025. But the current growth rate makes people feel that the entire rhythm is ahead of schedule, and there may be a major correction before 2026. Therefore, it is recommended to plan to get off the market in batches in the second half of 2024 or the first half of 2025.
(Continuously updated! The above are personal opinions (˵¯͒〰¯͒˵) for reference only)