Yesterday's decline was the largest since mid-October, and btc broke through the first support level of $97000, falling to the level of $92000 at one point. After clearing a large amount of leverage, it has now returned to the $97000 area.

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Against this background, the BTC spot ETF also ended 15 days of continuous inflows and saw a large outflow.
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After Trump's victory, the market sentiment was high, and both Bitcoin and altcoins have been rising for nearly a month. In a bull market, it is beneficial to clear leverage appropriately. 😄
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Bitwise's Chief Investment Officer said that BTC will rise to $200,000 even if the US dollar does not collapse because BTC has too many advantages. In the past two months, we have seen the synchronous rise of the US dollar index and BTC. With the huge influx of funds around Trump's election as US president, the current US SEC chairman stepping down, and BTC spot ETFs, next year will see an extraordinary situation.
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Another hot topic yesterday was BlackRock's proposal in a promotional video: if the market reaches a consensus, can the upper limit of 21 million BTC be exceeded? This topic immediately caused a stir in the market. In fact, this topic has been mentioned many times before, and the reason it caused such a stir this time is completely due to deliberate guidance from certain institutions. The 'whales' hope to shake the confidence of retail investors and suppress prices in order to collect BTC at a lower cost. Just laugh it off, no need to pay attention. 🥱
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Yesterday, the altcoin market also suffered a more severe decline than BTC. Most altcoins have no value and are far inferior to BTC in the long run. The most dazzling moment of a bull market is also in the last year of the bull market (this 25-year cycle), which is the only time when it can outperform BTC's growth. Before the crazy bull market arrives next year, this is the last opportunity to shake people off the car and the last chance to get on board. If you want to play with altcoins, now is the best and final time to get on board. Control your panic and dare to buy the dip during the crash. Wealth is waiting for you at the end of next year. 🤑
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#与动态一起迎圣诞#
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