This wave of global financial asset shrinkage has left no one unscathed, with global liquidations amounting to billions. Those who didn't face liquidation last night should give themselves a round of applause, as it means they survived. Everyone can refer to the significant rise in gold and silver a few days ago, where everyone was in FOMO, and the result is evident to all— the decline was devastating. So now that everyone is in a panic, what is there to fear? Every time there is a significant drop in Bitcoin, everyone is terrified, but in the end, Bitcoin has never disappointed anyone. Spot purchases must be made when no one is paying attention and sold when the crowd is roaring!Last Thursday night, I mentioned that there are no new funds and new retail investors coming in. To have a big rise, one can only rely on imagination. The spot market can't go up, but contracts can be shorted. However, this drop was fast and fierce, catching people off guard, and there was no decent rebound before it came down directly.

Now talking about this is being a backseat driver, but I mentioned it in advance. The overall direction and logic are correct. At least in the past 2 years, I haven't let everyone play with Ethereum and SOL's spot and long contracts, and I have always said not to play with any altcoins. Now looking back, you can see the decline of Ethereum, SOL, and a bunch of altcoins; even diapers are scared wet. At least most KOLs and retail investors lost money while playing with altcoins. Those brothers I advised against have lost much less money than them, right?

Previously, the contracts were stuck; with a 2% position and several top-ups, I currently have about a 6% position, at most 8%. At least our position is still there; it’s just a matter of where to top up next or continue to hold!

The entry positions I talked about in my previous market analysis and live broadcasts, I entered myself. I entered Bitcoin spot at 85-805, and the rest I placed orders at 745-70-65-60. I also entered contracts at 85 and placed a buy order at 75 for top-ups.

Don't just look at what others say about where it will drop when it falls; ask yourself if you have shorted, and if you have opened positions, how high your long positions will go. Otherwise, it's just irresponsible talk that anyone can say. At least I personally think I have told my brothers where is the position to enter, and I will also place orders to enter. Being a backseat driver is not a skill; if I get it wrong, I'm not afraid. At least everyone is losing together; otherwise, the masters who always make money are always right. Such masters can be anyone!

Finally, let's talk about the evening trend: there were not many fluctuations today, and the points from noon can still be referenced. If the rebound can't go up, the white line position given at noon indicates that the rebound still lacks strength. Pay attention to another second dip at night; if it doesn't break the previous low, it will still rebound. If it breaks the previous low, then a new low will be formed.

The closing price of Bitcoin must not break 745; otherwise, the drop will be very smooth. After all, the range between 68-745 is a vacuum zone, with no buying power in this range. Bitcoin can only rebound strongly if it closes above 795-800. The target looks at the range of 845-850. If it doesn't close above the white line position and can't break the previous low, then the small scale will create a wave that drives the large scale to consolidate at the bottom. As long as the bottom of 745 is not broken, the longer the bottom consolidation lasts, the higher the probability of going up!