Bitcoin has fallen below 90,000, and the market has started to lose its composure.
The crypto market is indeed a cyclical anomaly.
When the bull market comes, it’s like a drunken alpaca, swaying and soft;
But when it turns bearish? It’s like taking expired laxatives, unable to hold it in,
Wave after wave, with no time to close the gates, it all comes pouring out.
The recent market atmosphere is becoming increasingly surreal, with new coins appearing by the day,
But the growing “multiple births” only highlight the “poor nurturing.”
Liquidity is ruthlessly diluted, projects rise for a day only to be cut down,
I can hardly believe these coins are really meant for people to buy?
This wave of decline is not surprising; Bitcoin has dropped nearly 30% from its recent high,
Like a balloon punctured with countless needles, deflating from 120,000 back to 90,000,
Now that it has broken down, the next stop is likely heading straight for 70,000…
To be honest, at this point, it’s no longer a “drop,”
It’s an “uncontrollable leak,” and it’s the kind with no cover over the whole place.
Do you think anyone is still willing to “strategize”?
The market is already experiencing PTSD, rushing to run away even with a 5% gain,
If you can hold on, you’ll instead be advised to “prioritize safety.”
Those who shout “high leverage long” are, to put it bluntly, either “foolish” or “malicious.”
Knowing full well this is a volatile downward trend,
They still lead people to leverage, truly wanting to send others on a one-way trip.
I have already become indifferent,
Aside from slowly accumulating Sol, everything else is just entertainment,
Holding spot assets at least means making friends with time,
What initially attracted me to the crypto market was never the dream of getting rich overnight,
But rather the romantic fantasy that “long-term holding can change one’s fate.”
In the end, this place is suitable for long-termism,
Short-term trading is too damaging, leverage can directly lead to heart attacks.
I wish the brothers still on the chain can preserve their capital and wait for the next sunrise. $BTC
