MSTR has directly crashed the entire market data, and Bitcoin has been affected.

As soon as the US stock market opened, MSTR couldn't hold on, plummeting over 10% in a single day. Bitcoin also couldn't hold up, crashing over 5% in three hours, breaking the support level of 88,000.

How severe is the market? Over 190,000 people have directly liquidated their positions. The core issue is quite simple—buying pressure has dried up. ETF inflows continue to weaken, and the Bank of Japan has signaled interest rate hikes, making bulls hesitant to enter the market.

Once the support level is broken, don't hold on to any illusions. The current situation is clear, and the bears are completely in control. Personally, I hold a short position on $ZEC; it's during times like these that bubble coins really start to drop.

To put it simply:
The leading stocks have already collapsed, do you still expect the crypto market to be unaffected? This kind of breakdown market situation is right in front of you, should you follow it?

BTC6.03%

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