Haha! This market is so accurate. I woke up this morning to a waterfall wash, and the market has been waiting for Israel's retaliation to finally unfold. The bulls are once again sacrificing to buy.
The past few days have indeed been quite tumultuous. You can tell from BTC's ups and downs. The U.S. election is really crazy. The two major camps and multiple financial organizations are in fierce competition, almost evenly matched. Trump has teamed up with Musk, while Harris has called in Bill Gates. It's also a showdown between the old and new lions; the strong and weak are familiar with each other. Once the election results are announced, it will be clear.
This kind of market is designed to kill; after the killing, there might be a chance to rise. The previous waves clearly couldn't rise because the news-driven decline will recover quickly. There might be a second probe, but the extent is about the same.
There are several reasons for this widespread crash!
1. Israel conducted a limited retaliation against Iran late at night.
Including several military targets, including power plants.
Iran has made a limited military response.
BTC has pulled back, with a low of 65,555 and currently 63,333.
One of the biggest factors affecting BTC price has been ruled out.
2. Tether is under investigation by the U.S. government.
Currently, the CEO of Tether has denied this statement.
The investigation of USDT's parent company is also one reason for BTC's decline last night.
If Tether confirms it is under investigation, its USDT price will be under pressure.
If USDT is the next Luna, BTC will head towards 48,888 again.
3. In the U.S. election, Harris and Trump are evenly matched at 47/47.
One of the unstable factors affecting BTC price is the U.S. election.
Next week will basically determine the winner, at which point BTC's direction will become clear.
5. The liquidation map shows heavy losses for the bulls, while some bears have taken profits. New long-short battles are clustered around 68,000.
6. The Russia-Ukraine situation is turbulent, and BRICS countries are rewriting de-dollarization.
Ukraine continues to raise funds to exceed 100 billion USD to respond to the upcoming actions of the 'Big Goose'.
The BRICS countries are trial running a de-dollarization trading system. BRICS countries account for over 30% of the global population. I personally think it's unrealistic. Gold? Or BTC? Food? All are bolted to the dollar. BTC is even less likely unless, years later, BTC behaves like gold and has minimal price fluctuations.
The current main force is to use all factors to kill the dip and wash the plate. This operation will continue until the Fed's interest rate cut path is fully clarified and the liquidity from the rate cut is fully in place. Retail investors won't hand over their chips; how can we pull up later?
The password is here! A pullback is an opportunity!
FLOKI belongs to the meme coin segment.
Current price 0.000132, enter with three layers of positions, spot.
Some mates have gotten on board, come find me, I'll give you the take-profit point.
