#数字资产市场动态 I took a quick look at the candlestick chart, and $BTC is currently stuck at $87,900. It has dropped 5.35% in the past 24 hours. This wave of decline is indeed quite sharp. From yesterday's high of $93,343 down to $87,900, the fluctuation is nearly 6%, and market sentiment is clearly starting to become a bit overwhelmed.

Honestly, this position presents both risks and opportunities. In the short term, the key support level to watch is whether the $87,000-$88,000 range can hold. If it breaks, caution is needed as it may head toward $85,000. The selling pressure mainly comes from several aspects—institutions taking profits at high levels, ETF funds flowing out, and macroeconomic sentiment weakening. The bulls are under pressure. The data on liquidations across the network is also trending upward, indicating that many traders are losing out on high leverage.

If you want to trade more safely, my suggestions are: 1. Keep leverage within 3x, never go full margin, and reserve at least 50% of your margin. 2. Avoid putting all your funds into one trade; respond in batches. Test small positions at key support levels, but set proper stop-loss points—if the level breaks, cut losses decisively. 3. Consider using put options or inverse contracts to hedge against downside risk, which is like buying insurance for yourself. 4. Do not open more than 5% of your total funds per trade; strictly control drawdowns.

Moving forward, focus on a few key factors: ETF capital flows, changes in institutional holdings, and the Federal Reserve's policy movements. From a technical perspective, watch whether the price can quickly recover above $88,000 and whether trading volume can support a rebound—both factors need to appear simultaneously to signal a true reversal.

In summary, short-term volatility will likely continue. Everyone should manage risk carefully and avoid being led blindly by the market trends.