The so-called "death cross" is complete nonsense! Those predicting the price will drop to 38,000 are either foolish or malicious. Brothers, someone is trying to scare us again this time, right? Talking about the 10-week death cross crossing below the 50-week moving average, claiming history will repeat itself and cause a 50% decline—utter nonsense. Let me tell everyone: 38,000 to 50,000? Don't dream about it, at most around 70,000. Yes, historical data has shown declines of over 50%. But using old past data to predict the current situation is meaningless. How can the market giants like BlackRock and Fidelity's spot ETFs be just for show? They hold millions of Bitcoins—are they using them to smash the market every day? These are the market's "ballast," and such phenomena have never appeared in history. So, what is the current situation? High interest rates have persisted for two years, and during the last crash, excessive leverage was fully cleared. There are no longer so many invalid factors in the market now. Trying to replicate the chain of liquidation crashes from history lacks sufficient motivation. The biggest difference this time is that a group of large institutions are also trapped like us. If a major crash happens, they will be the first to be impacted. $BTC $ETH $SOL
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The so-called "death cross" is complete nonsense! Those predicting the price will drop to 38,000 are either foolish or malicious. Brothers, someone is trying to scare us again this time, right? Talking about the 10-week death cross crossing below the 50-week moving average, claiming history will repeat itself and cause a 50% decline—utter nonsense. Let me tell everyone: 38,000 to 50,000? Don't dream about it, at most around 70,000. Yes, historical data has shown declines of over 50%. But using old past data to predict the current situation is meaningless. How can the market giants like BlackRock and Fidelity's spot ETFs be just for show? They hold millions of Bitcoins—are they using them to smash the market every day? These are the market's "ballast," and such phenomena have never appeared in history. So, what is the current situation? High interest rates have persisted for two years, and during the last crash, excessive leverage was fully cleared. There are no longer so many invalid factors in the market now. Trying to replicate the chain of liquidation crashes from history lacks sufficient motivation. The biggest difference this time is that a group of large institutions are also trapped like us. If a major crash happens, they will be the first to be impacted. $BTC $ETH $SOL