The Bitcoin flash crash at 7 AM led to losses of over 1 million dollars for 38 traders, with the largest loss being a trader's long position in Bitcoin, liquidating at 25.83 million dollars. Behind every market fluctuation lies the brutality of the long-short battle. Additionally, I am very familiar with this kind of Bitcoin trend, and this time it is highly likely to drop below the price of 90,000 dollars. Next, we will see if the market can fill a gap downward; my ideal price is $BTC returning to 75,000 dollars, which would be a good buying opportunity.

BTC

78,753.91

-6.45%