Opportunity in crisis On a stormy day of market collapse, I filled all the limits in the chart. Sometimes events that happen are actually valuable change opportunities! The fact that $BTC dropped so sharply was unexpected. There was no really big news. Those who believe in the market usually chase high prices out of fear of missing out. Those who are bearish are happy with the price drop, but they will never have any inventory. The reason for buying here is simple: I am someone who makes money from the market. There is no reason not to buy when there is a 50% discount. If you don't buy at this price, it's simply because you don't believe. Pessimists let opportunities sink into difficulties, while optimists turn difficulties into opportunities. In addition, there are two other supporting reasons: the 200 EMA on the weekly chart and the current price is the 2021 peak. Although the reason that the price in the next season will never collapse through the previous season's peak is no longer accurate in 2022, it is still a psychological threshold for old players. The inventory I can acquire from this round will be a bag hold for 2029. If the price drops further, it won't hurt me at all because I can still grab money every month to buy more.

🚨 BTC ALERT: 9.3 MILLION BTC UNDERWATER! According to Glassnode, difficulties are increasing for holders. √ Massive Loss: 9,300,000 Bitcoins are currently in a loss - which is the largest figure since January 2023! √ Market Share: Approximately 44% of the total supply is currently in the Red. √ The Reason: Because $BTC has slipped 40% from its $126K peak, buyers are badly stuck. The market is testing the diamond hands.

Too exaggerated... currently, the Bitcoin funding rate has already dropped to a level beyond the 1011 big crash. Binance's fee has even dropped to an amazing -0.013%, the last time it was this low was in 1011. However, what's different this time is that everyone is trying to find the reason for the drop, yet no one can find it. Most of the explanations are just pieced together. The most common one I've seen is that it's "100% man-made." The drop might not need so many reasons. Everyone should know how poor the liquidity in the crypto market has been recently. Then, according to STH to Exchanges Sum, the amount of BTC transferred to exchanges in the past 24 hours has reached a historical high of 88,000. Short-term holders suddenly dumped nearly 6 billion USD worth of panic selling onto a market that already had poor liquidity. I think this might be the main reason for the crash. The limit orders between 59567~61097 have already executed more than half, the speed is really far beyond my expectations... I originally thought it would take a couple of weeks to execute.

It's really almost unbearable 💔 The dollar drop has already been slashed once Now the crypto market is still this stupid, another slash coming The New Year is coming again, probably going to cost a lot of money, another slash Equivalent to being slashed three times in a row Bitcoin Oh my god, it can't hold on anymore.

Bitcoin open interest dropped by about $55B in 30 days as traders closed futures positions, while bitcoin moved down toward $72,000. Exchange reserves rose by around 34,000 BTC since mid-January, adding to short-term selling pressure.