This time, the main reason for the drop is actually this—

1. The central bank and eight other ministries have clearly banned it. Starting from September 30th, outside of places like Twitter and public squares, it’s basically very hard to generate traffic. Even when it is done, it’s mostly negative coverage from various media, or some crypto-circle gossip. Truly valuable, high-quality content will appear less and less in the public eye, which also means that only people with real strength and good intentions can survive in this space.
2. The White House dinner was shot at, and the Trump Coin fell again, dragging the market down for another round.
In a country like the United States, where gun control is so loose, after the ongoing U.S.-Iran war, there may be a major shock at any time. Things are becoming increasingly crazy and unpredictable—this will be the norm for the rest of the world.
As for the future price action, I personally believe the overall trend is still upward. In the short term, the support level for the big pie is roughly around MA120; currently, it’s around 76180.
$BTC ‌