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Feed Explorer$BitMine Immersion Tech(BMNR.US) It seems the bagholders' market sense is still okay. Is this a bonus after being trapped? 😖
Actually, the key is still to watch $Coinbase(COIN.US) at this level, moving from -7% in the night session to +7% pre-market. Hopefully, it's a good signal that the crypto market has bottomed out.
$BitMine Immersion Tech(BMNR.US)$iShares Bitcoin Trust ETF(IBIT.US)
Let me share a few conspiracy theories.
1. Yilihua, the biggest known long on ETH, cut his losses at the 1700 level.
2. Binance, the largest cryptocurrency exchange, experienced liquidity issues yesterday.
3. The Block exchange also suspended withdrawals.
4. Before this big drop, there was an article saying that Wall Street wants to take control of digital currency pricing. They are preparing to blow up Binance.
5. Top KOLs on X are basically silent, not even posting bearish views.
6. Extreme voices are bearish on BTC down to 10k.
Although the points above don't have an obvious connection, I have a vague feeling. It's about this level.
Just sharing my personal view.
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