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The road is obstructed and long, but keep moving forward without stopping; the future is promising, and we will eventually arrive.
This recent market wave has indeed tested people's hearts. Bitcoin has dropped from the recent high of 94,700 down to 89,588, with a single-sided plunge of over 5,000 points. Many people's mental states have exploded during this process, but investors who have experienced several cycles know — this is the normal state of the market.
My view has always been clear: starting from the 94,000 region, one should be cautious. Dropping to 90,700 is an important support level. If it can hold here, the subsequent rebound space will be significant. Now returning to the 8-figure range indicates that the bottom is indeed gradually being confirmed.
The most taboo thing at this time is chasing highs and selling lows. Instead of staring at the K-line every day, it's better to think clearly about your trading logic. Regarding the future trend of BTC and mainstream coins, my advice is: don't rush to bottom fish, and don't chase the falling market to dump. Proper risk management and observing the situation calmly is the right way. Wishing everyone smooth trading!