📉 Just now! BTC has plunged through 63,000 with a big bearish candle! It has dropped over 14% in the last 24 hours, and the market is in mourning...
This sharp drop has directly breached many people's psychological defenses. The price is currently struggling around 62,700, and the market looks a bit dangerous. In the short term, the key is to see if the 60,000 threshold can hold—if it breaks again, panic may continue to spread.
The reasons behind this are nothing but these points:
1️⃣ Macroeconomic sentiment has turned cold, expectations for interest rate cuts have weakened, and funds are starting to seek refuge;
2️⃣ Leverage has been cleared aggressively, with many bulls being forced out;
3️⃣ Some profit-taking is also happening, exacerbating the selling pressure.
But seasoned players understand that sharp drops often happen in a bull market. The overall trend hasn't turned bad yet; every deep squat might be for a higher jump—provided you can withstand the volatility and control your actions.
👉 What do you think? Is it a bottom-fishing opportunity, or is the waterfall just beginning?
📢 The comments section is waiting for you, let’s chat together!
(Investment carries risks, operations must be cautious, and the above does not constitute advice.)
