It's really a beastly drop, as if they don't care about their lives, it's too fast. 😭😭 Is there really something happening that we don't know about? The same losses, experienced over and over again, if you can't control the urge to buy the dip, you'll die on the way down. This time when Bitcoin was at 74700, fortunately, I sold half early, and the remaining 5% is stuck halfway up the mountain; I dare not buy the dip again.
Li Lihua is indeed quick to run, pushing the ETH liquidation price down to around 1680, for now, he can't be liquidated. But it's painful for the retail investors and institutions that have continuously entered to buy the dip. There are only 80 US dollars left to the liquidation price for Huazi; can Huazi survive today?
Capital is very bloody; it will only step on you one more time when it sees you're wounded and about to die, devouring you, as we've already witnessed with 1011. Here it comes again, truly unbelievable; I didn't expect Bitcoin to drop so fast, all psychological support levels have been broken. The current cost-performance ratio is indeed good, but only for those who are long-term hoarding coins. We haven't even reached the mid-bear market yet, and going long against the trend can easily backfire.
