1. BTC's lowest point in this wave was around 65,000, with a drop of more than 6,000 points in 24 hours. High-leverage accounts were almost emptied, and the entire network had nearly 800 million US dollars in liquidated long orders, an increase of about 623.08% compared with the previous day; although it rebounded to around 67,000, the market panicked.
2. Each round of decline seems to have a rootless source, such as the hawkish attitude of the Federal Reserve, reduced expectations for interest rate cuts, and rising geopolitical risks. But in fact, the main market operations do not need specific reasons, the purpose is just to transfer chips.
3. In fact, we also update the stock data of the exchange every day. The market crash is not enough to make investors hand over more chips. These are only short-term fluctuations. It is also normal for the copycat to wash the market. After all, it only takes a few days to rise. At the same time, the stock of the exchange has once again refreshed the lowest record in six years.
4. The view remains unchanged: we just need to move down a box space. The current support is at 65,000, and the risk point is still at 61,500. By exchanging time for space, we can finally achieve a new round of rise. Still looking at new highs, not necessarily breaking 100,000, but definitely around. May and June are highly likely, April was just a trick, be prepared for the new market in May
