Family, who understands this! Yesterday, BTC suddenly plummeted, leaving the market stunned 😱 The warming rebound rhythm was disrupted, and many brothers in the community panicked, fearing it would be another round of free fall.
But don't panic! Yi Ge analyzed the latest data and discovered a super key signal—the scale of panic selling is quietly cooling down, and the market may be brewing a turnaround!
Let's start with solid data 👇 The EARL (Entity Adjusted Realized Loss) on December 1st was only 820 million USD, compared to the panic peak of 2.34 billion on November 21st, which was more than halved!
Looking again at the realized losses transferred to the exchange, it was only $80 million yesterday, which is far lower than the $320 million on November 21, and even the losses from the two rounds of declines on November 14 and 17 are not comparable.
In fact, as early as November 24, Brother Yi had predicted with the family of 'Yi Ge Village': the panic selling level on November 21 was most likely the 'ceiling' in the short term!
As long as there are no consecutive negative news explosions, even if the price fluctuates, the intensity of panic cutting will become weaker. And the current data just confirms this judgment!
Here, let me outline a core logic for everyone: the real short-term bottoming is not about the price not falling, but rather 'the more it falls, the less people are panicking to cut losses'—that is, EARL is lower wave after wave during the decline, and the panic selling is gradually cleared.
Conversely: if the panic selling has not been fully cleared, it definitely cannot be considered a true bottom; however, the continuous shrinkage of panic escape scale at least indicates that the market will not 'slip' into a worse direction, which is the most concrete positive signal!
To summarize simply: the current cryptocurrency market is still fluctuating at the bottom, but the panic sentiment has clearly cooled down, and the chips are gradually stabilizing.
For our family in 'Yi Ge Village', there's no need to be swayed by short-term fluctuations; focus on whether there will be new negative news in the future, and whether the panic selling can be completely cleared. Following the data and rational layout is the way to go!
In the future changes of the market, Brother Yi will analyze and sync with the community at the first time; brothers who have not joined the 'village' should hurry up, let’s seize opportunities and avoid risks together in the fluctuating market~
