What is Happening? (Thursday, Jan 29)
Red candles are flooding the screen. Bitcoin has lost the $88,000 support level.
The market is currently dumping, and panic is setting in.
WHY is this happening?
1. Failed Breakout: We failed to reclaim $90,500 yesterday. The market ran out of buyers at the top.
2. Liquidation Cascade: Over $150M in "Long Positions" just got liquidated. Stop-losses are being hit like dominoes.
3. Pre-Friday Volatility: Tomorrow is Friday (Options Expiry). Big players are pushing the price down to maximize pain for retail traders.
3. Key Levels to Watch ⚠️
The chart doesn't lie. Since we lost $88k, we are now looking at the next liquidity pools:
• Zone 1: $86,200 (Strong Support). This is where the "Smart Money" bids are likely waiting.
• Zone 2: $85,000 (Psychological Defense Line).
4. CEO Strategy: Do NOT Sell Low 🛑
Selling now is giving your money to the Whales.
• Correction is Healthy: Nothing goes up in a straight line. We needed this flush to reset the RSI.
• Altcoin Opportunity: Projects like
$ENA and
$SUI are now on discount. If you liked them at yesterday's prices, you should love them now.
5. Community Pulse
Times like this separate the Tourists from the Traders.
Stay calm. We are watching the $86k level closely.
👇 Tell me: Are you Panic Selling or Buying the Dip? Be honest!
#CryptoInsightHub #BitcoinCrash #MarketUpdate #Liquidation #BuyTheDip $BTC $SUI $ENA Disclaimer: This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.