How much has it dropped? Are you panicking again? Last night, the altcoin hit a new high, and around three o'clock, it directly plummeted, today during the day it's dropping again, and everyone thinks the bull market is over? Are you out of your mind from the drop?

Bitcoin is currently at 110,000, and the altcoin is still at 4600. Do you know how many people will lose their lives if Bitcoin drops below 110,000? 🤣 The institutional investors won't let you retail traders get off the bus without losing money, right? There's still interest rate cuts to come, and when the money flows freely, you tell me it’s over, why should it drop? That's why only 10% of people make money in a bull market.

I think if Bitcoin drops below 110,000, it will only be a false drop and will quickly rebound. From the daily chart, you can see it’s forming an M-top, so be bold and go long; it won’t drop below 110,000. In the short term, Bitcoin might rebound to around 117,000, breaking through the previous high.