Due to the understanding of the European tariff reasons, just now $BTC plummeted, simply put:
🔹️ The downward momentum has not been fully released, the bottom has not yet been confirmed, and the subsequent trend will mainly be a consolidation with weak rebound strength.
🔹️ There is considerable room for negotiation and maneuvering on the European tariff issue, which will be gradually announced around the end of February.
🔹️ The market is relatively weak before the Spring Festival: capital is constrained, profit-making effects are poor, news disturbances are present, and it is easy to test the bottom a second time.