Think carefully about another issue: who will blow up in this bear market?

So far, everyone has been wondering which company is sacrificing itself this time?
Answer: institutions, even publicly listed institutions.
Success and failure both come from institutions, but this is very hidden, so people don't feel it directly, yet it's extremely brutal in reality!
Specific manifestations: hoarding coins at high prices, cutting losses at low prices, cash flow breaks, layoffs, bankruptcy.
This is the typical form and liquidation method of this round of "blow-ups," with MicroStrategy being the most representative, but MicroStrategy is actually in the best situation among those.
And the blow-up in this round has just begun. I know many institutions haven't sold any coins, and some even added leverage.
In this round, over 60k was forced to sell coins, especially miners, those who signed power contracts are the hardest hit!
This round of blow-ups will see a batch of institutions and listed companies sacrificing themselves or suffering heavy losses.
Therefore, it also reasonably explains why the drop below 60k is slow and without volume, it’s genuine dumping, not leveraged liquidation!
Breaking through 52k and the four-digit BTC is not far off.