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Bitcoin officially breaks below the critical psychological level of 80k, with a low dip to around 79,700, a 24-hour decline of over 2%, and market panic spreading rapidly, retail investors getting liquidated and panic selling flooding the scene.
Many people are now completely panicked: should they cut losses and exit, or buy the dip and position? Will it continue to drop toward 75k?
I can say very clearly, breaking the 80k level is not a trend reversal, but a standard shakeout by the main players, aimed at clearing out weak-handed retail investors.
This morning, I issued an early warning to defend the 80k level, clearly indicating that the rally was losing momentum and to avoid blindly chasing highs, perfectly confirming this round of decline. Everyone who followed the advice avoided retracement and even took advantage of the trend to secure some profits.
The next key support is at 75k, with strong resistance at 82k. I have already organized the precise entry points and risk management plans for tonight through tomorrow. #BTC回调 $BTC $ETH