Next, here are my personal views on the market. Personally, I am extremely bearish on this market right now. The US dollar is plummeting, and on 12.11, the probability of a US interest rate cut is above 95%, so I am not optimistic in the long term. Right now, this is basically the last wave of BTC's upward movement. After that, it's all over. Everyone should just escape one by one—it's only a matter of time, sooner or later. As for BTC, I personally think it will drop, and I will start building positions around $60,000. Right now, don't open short positions, because there could be a huge spike or drop on 12.11. If there is a big spike, just open a low-leverage short and that's it. Nothing else needs to be considered for now. A very key point is that in a bear market, lending interest rates are usually very low. After 10.11, the rates are now basically the same as putting money in a Chinese bank—there's no difference, which means that in the short term, off-market funds won't enter. If USDT drops, it just means that funds within the circle are escaping. In the short term, there won't be high yields anymore. 🫡

BTC-1.66%
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