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Breakdown to迎二探, Bear Market directly seals the divine
Did countless times of箜, no one listens to advice, after all, you still habitually do哆, after a wave of breakdown, chips are washed clean.
Big pie from 67.2k to 62.2k then from 65.5k to around 62k, these two trends, die-hard fans and winning troops feast full.
Why do we do箜?
Many people think that the situation between the US and China has eased, so I can look at 70k? Wrong! This is only temporary, the overall good news is not strong, but the沙伤力 (destructive) factor of箜 is the hawkish tone (interest rate hikes).
In 2024-2025, these two years of疯狂降息 (crazy rate cuts) will push the big pie to an epic height, but if the first rate hike occurs in 2026, then the big pie still has at least 10k points of downward space, which is the most basic. Once the first rate hike happens, there will be a second...
Today's decline is not just a simple drop, but a再一次多箜 (another round of箜) to clean up leverage, as I emphasized over the weekend.
Today, global stock markets plummeted, gold and silver fell again, touching key support levels, and the tactics of institutions buying low and selling high, along with the interest rate hike expectations, are all reasons for today's sharp plunge. $BTC