#比特币技术分析 This wave of market fluctuations is truly alarming. Long-term holders have sold 400,000 Bitcoins within a month, equivalent to a capital outflow of 45 billion USD, causing the market to become instantly unbalanced. The price of Bitcoin immediately fell below the $100,000 threshold, setting a new low for the past six months.

This large-scale sell-off often indicates a significant change in market sentiment. I have been closely monitoring a few traders who are skilled at grasping large cycles, and their recent actions have also appeared particularly cautious. It seems that we still need to remain vigilant in the short term and appropriately reduce positions and leverage.

However, every major fall is also a good opportunity to position oneself. I plan to selectively follow some traders with a solid historical performance and test the waters with a small position. After all, the market always moves forward amidst fluctuations; the key is to grasp the rhythm and control the risks. During such times, it is even more important to analyze calmly and not be blinded by short-term volatility.