Bloodbath! Bitcoin directly pierced through 63000, hitting a low of 62700, plummeting over 5% in 24 hours!
Trump's tariffs have landed, global risk assets have collapsed, the crypto market is a sea of red, 120,000 people have been liquidated, the Spring Festival red envelope market has completely turned into 'dining in the dark'.
Diving from the high point of 69473, the bulls completely collapsed, and the bears swept through.
63000 breached, the next line of defense is at 60000!
⚠️ Now is not the time to bottom-fish:
- Macro negative sentiment brewing, panic emotions running high
- Support turns into resistance, a rebound is a lure for more buying
- Light positions on contracts, do not easily add to spot positions
In this wave of crash, did you bottom-fish or cut losses?
Comment section team up, let's see who can survive this wave of washing!