Asian stock index futures and precious metals are both broadly declining across the board

In the evening, when US stocks open, they will most likely continue to move lower
BTC is showing clear pressure at the top of the 65,000 range
It’s hard for BTC to independently withstand the sell pressure coming from the whole market
The so-called “Big Pizza” claim that BTC is a strong safe-haven asset doesn’t hold up
Gold’s liquidity and hedging characteristics are far better than BTC’s in the US market
Don’t blindly believe that “institutions won’t sell at their cost basis”
Institutions can just open shorts and use hedging to lock in profits
There is no absolute right or wrong between bulls and bears
Everyone must control their position size and avoid getting liquidated
If BTC falls below 61,200 in the evening, long positions must exit immediately