Discuss the reasons for the sudden drop today:
And whether Bitcoin will hit a new low in spot trading and when to buy the dip in spot trading
Because the sentiment has been too high these past two days
The market makers have completed this week's gains in just two days,
So a pullback is normal, and it's expected that the weekly line will return to this position
Today the borrowing rate for USDT has skyrocketed,
Everyone says to borrow USDT to open leveraged contracts,
The market makers are not afraid of low leverage,
They are just afraid of those who use 20x, 30x, or 50x leverage
Opening 30x on $10,000 means $300,000, and if it goes up for several days without any pullback,
You could have made a ton of money, but being too aggressive is definitely not advisable
So during a bull market, expect more drops and more pullbacks
This is the opportunity to enter spot trading
Many people are worried that Bitcoin will pull back too much, and altcoins will crash
But this altcoin won't drop too much because when it dares to drop, there are buyers ready to step in
Moreover, it will definitely continue to rise,
So it won't give away too many low-priced chips,
And after these 8 months, the altcoins have been cleaned up very well
So in the future, Bitcoin will consolidate at one position, and then funds will flow into altcoins
Then all coins will start to soar, going up 3 to 6 times
Initiating sector rotation, and the bull market is coming
