💥 A storm of a multi-factor crash has led to the most severe single-day drop since 1011—

The total liquidation amount across the network exceeded $1.7 billion in 24 hours, and technical indicators show that the market has entered an extreme oversold state, but downside risks still exist.

At the same time, the international gold/silver market also experienced an epic crash, primarily driven by profit-taking after excessive gains, as well as a futures long squeeze and a technical short squeeze.

Therefore, this crash is a unified action at the funding level, making it difficult for all risk assets to remain unscathed!

Historically, crashes at such time points often have two characteristics:

1) The first wave of decline is not necessarily the final low point.

2) Subsequent rebounds or consolidations are more likely to test market pressure.

Brothers, maybe we can really wait for a price in the 60s?

This price is indeed a bit tempting; I damn well need to think about how to gradually buy some more, and no one should stop me!

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