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The entire market is crashing.
Bitcoin has fallen to 60,000. The weekly support I shared a few days ago is above 58,000.
The current market move came too quickly. In the December 17th video, I predicted that today's market would fall to the weekly support level. After forming a bottom, there would be a bigger rally. But I didn't expect it to come so fast. You can search for the December 17th video; it is also frequently played in the live room.
Not only is the crypto market falling, but gold has also dropped. Whale trader Yilihua sold off $250 million yesterday. The liquidation price is getting lower and lower. If people keep trying to hunt him down, will the market spiral out of control?
There isn't much more to say now. For those with sufficient funds, consider dollar-cost averaging, buying in batches. When trading contracts, keep your positions small. Play it safe—it's best not to get liquidated. Wait until the market stabilizes before adding to your positions.