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Many people were lucky enough to avoid the big bearish line on 10.11, but they still fell into this round of big dump from 116 to 80.
Those who were not harvested during the wave on 10.11 have also quietly exited during this continuous decline. Those with worse luck encountered both waves—suffering from the first round of liquidation and being completely buried in the second wave.
The worst part is that there are no decent signs of a bottom in the market. Even if there are occasional signs of stabilization, they don't last more than two days before continuing to plummet. The market hasn't even digested Powell's statements from the Fed, and now the tariff policies are adding to the chaos. The BTC trend is like a roller coaster—except this ride only goes down and doesn't climb up.
To be honest, this market has made people a bit numb.