#美国终止政府关闭 This wave of $BTC big dump, to put it bluntly, is not about how fierce the short positions are, the key is—no one is catching a falling knife. Investors have fled, institutions have withdrawn, and when the market liquidity is exhausted, the price collapses just like an avalanche. Breaking 100,000 USD? This is just the beginning, I see 88,000 as the terminal station for this round. Our long-term short positions have already captured 10,000 points on Bitcoin, and $ETH has also harvested 400 points. In fact, when the first round of big dump occurred at the beginning of the month, I could smell the bear market coming – so I started to build short positions in batches from 107,000 and have held on to now. What does this pattern look like now? A typical weak structure. A sharp fall is a washout, while a gradual decline is the essence. The early session continues to extend the overnight downward pressure, so the strategy is very simple: carry out the short positions to the end. That little rebound in the Asian and European sessions? Just a fleeting moment. I advise everyone not to think about bottom fishing and trying to catch a rebound; going long against the trend is like catching a falling knife, and in the end, you will be the one getting burned.

Last night's Kongdan was also comfortable, but today's situation is a bit troublesome.