Late Night Plunge: The Real Reason Revealed

The reason for the late night plunge was found! Just yesterday, the crypto market was no longer a separate financial product, but one among many. When gold, U.S. stocks, and Bitcoin surge at the same time, the market is not far from a crisis. Sure enough, after hitting a new all-time high overnight, Bitcoin plummeted in less than a minute. The root cause of all this is the sharp drop in US stocks last night, especially technology blue chip stocks. As for the so-called ancient whale selling, that is only superficial reason. They did not sell at the price of $69,000, but around $67,000. It is foreseeable that this will not be the first waterfall this year, there will be N waterfalls waiting for us, and there will definitely be much bigger ones than this one. In this turbulent market, retail investors must learn position management if they want not to be affected. Otherwise, there is no difference between doubling 100,000 and losing 50% on 200,000. The only difference is that the mentality is ruined by the market. Finally, I would like to remind everyone again that our team has senior market analysts. If you need one-on-one guidance, you can follow us and leave a comment!