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56,000 broke, call me again later, for now just watch the show, I won't catch this flying dagger either.
Strong US non-farm payroll data intensifies rate hike fears, accompanied by a sharp decline in US stocks and 13 consecutive days of net outflows from ETFs. BTC drops below $60k to a six-month low, ETH falls below $1,550, and DeFi faces widespread liquidations!
The market fear index drops to 12 (extreme fear). BTC and ETH funding rates turn negative, with bears dominating, but on-chain large holders are fiercely battling by liquidating longs while bottom fishing!
The current market is still falling, hold back and watch the show, don’t blindly catch falling knives. Unless there’s another extreme rapid decline, it’s better to observe more and act less in the short term. Keep a close eye on the two key supports at 56,000 and 48,000; wait until the drop is fully absorbed and stabilizes before considering picking up bargains. $BTC #比特币ETF单日净流出7272枚