Why did it fall so much today?
Yesterday, the total open interest of BTC in the entire network reached a record high of more than 38 billion US dollars, which exceeded the record high in March this year.
With so many ammunition to pick up, there will generally be a classic long and short explosion, and all those with high leverage will be cleared. This is the meaning of drawing doors (whether it is a front door or a reverse door).
Why do they always sneak into our homes in the middle of the night? Is it a targeted explosion of Chinese orders?
After this wave of explosion of long orders, it is estimated that short orders will be exploded within two days.
The grand narrative is slowly unfolding, and you can't be impatient, brother Meng.
