Crazy _king

In the past 24 hours, the market has once again experienced a bloody washout. The total liquidation across the network exceeded $1.7 billion, with more than 270,000 people being liquidated.
#BTC has dropped below $82,000, with a daily decline of over 7%. Many people are asking: who is behind the scenes 'taking advantage' of this sharp drop?

In my view, it is the result of a threefold pressure:

First, it is the emergency tariff order suddenly signed by Trump. This executive order directly imposes tariffs on goods from certain countries, causing a spike in geopolitical and trade risks, leading to a collective withdrawal of funds from risk assets—cryptocurrencies are naturally not immune.

Second, this morning, gold and silver staged a 'high diving'. Originally seen as safe-haven assets, gold and silver suddenly turned down, and market sentiment quickly spread to the crypto space, triggering a series of high-leverage liquidations, resulting in a 'mechanical sell-off'.

Finally, liquidity rapidly dried up at critical levels.
After #BTC fell below the psychological level of $85,000, the lack of buying depth exacerbated the sell-off of long positions. Just on HTX Huobi, a single BTC-USDT liquidation order was close to $80 million, indicating that market sentiment has entered a state of panic.

So, what should we look for next?

The key level has shifted down to $80,000. If it cannot stabilize, the next level for technical analysts to watch will be $70,000. In addition to the price, two points need to be noted: first, the evolution of the geopolitical situation, especially the dynamics between the US and Iran; second, on-chain data, to observe whether large funds are quietly accumulating at the current position. #加密市场回调

CLAIM $BTC fastt 🧧🧧
#Square

$BTC Trump nominates Kevin Warsh as the new Federal Reserve Chair, market reacts sharply

On January 30 local time, Trump officially announced the nomination of former Federal Reserve governor Kevin Warsh as the next Federal Reserve Chair, replacing Powell, who will step down in May. The nomination requires Senate approval. The 55-year-old Warsh is the youngest governor in the history of the Federal Reserve and experienced the 2008 financial crisis, with policy positions aligning with Trump's calls for interest rate cuts.

Trump has previously criticized Powell for the slow pace of rate cuts, and this nomination is seen as a choice reflecting policy consensus. Following the news, U.S. stock futures fell, the dollar strengthened briefly, and spot gold and silver prices dropped sharply. The market is concerned about the potential divergence between Warsh's hawkish stance and expectations for rate cuts, as well as how he will balance inflation and employment. The nomination approval process and subsequent monetary policy direction remain to be observed.

🔥 Binance fans sprint to 30K | Currently at 25K
Only 5000 more comrades will join! Follow + comment with 【666】
Unlock Bitcoin red envelope airdrop 🎁 Everyone shares when 30K is reached
Join us for juicy profits, continuous crypto insights, come join the group!
#币圈现状 #BTC

You still don't understand, our order 81888 is a position for a big bet, with a 5% margin, and it's not a phased entry, it's just at one point. With such a large position, having taken 2000 points, is there anything wrong with closing half at 83500?

For the remaining points, let's see if they can reach according to the strategy. If they can't, we will come up with a new strategy later, and we can just follow the new strategy for positioning.

Now, don't bring your crazy bull market operational thinking and your understanding into this. Didn't I keep saying to bottom fish at 50,000 before? But my thinking at that time was that it would rise to 100,000. It peaked at 98,000 and then came down, so my super bottom hasn't changed. However, I believe it won't drop to 50,000 immediately; it may be before or after Powell steps down that we will see a more terrifying drop.

But let me say again, the bottom I mentioned is not contradictory to what I told you to do last night, which is to hang 81888 for a long position to make a profit. The short-term profit-taking idea is not contradictory; it's a short-term thinking and a long-term trend thinking. Therefore, your understanding ability must be improved. #BTC