🔥Broke 7!!! Is it an opportunity or a risk?
😤 Recently, friends who want to enter U (after liquidation) will find that the price has already dropped below 7, and the entire market is experiencing a reshuffle. Who said I don't have shitcoins in hand, I don't have ETH or even BTC, I'm not losing, U has started to collapse as well.
The reason for this is that it has been too strict recently, leading to the bulk banning of many OTC merchants. Customers receive risk warnings on every transaction, whether they are withdrawing U or depositing funds, they are being blocked by risk control.
Last week, I conducted 3 tests, and basically, any behavior above 5k will trigger it. Buyers can't buy, sellers lack liquidity, and the exchange rate has basically collapsed.
I also remember clearly that at the end of last year, there was a price drop below 7, followed by a big surge. At that time, DOGE was still relatively strong, surging to 0.48; I thought it should be no problem to double to 1 in the 2025 bull market, but the market blew up a big one and pulled a small one, truly 🤙.
So I suggest everyone wait a bit. The market is bound to drop, and it definitely hasn't hit the bottom yet. There are still 4 years until the next bull market. In these 4 years, make money like crazy and save money like crazy, only invest in these 5 coins: BTC, ETH, SOL, SUI, DOGE.
JPMorgan still expects BTC to rise to 170k. The market has started to warm up, but the chips in hand are getting fewer. Can we still see hope?
Analysts from the JPMorgan team stated that the recent drop in Bitcoin is due to Dongguo's reaffirmation of the ban on mining and anti-money laundering, as well as the high cost of electricity leading to miners exiting and creating selling pressure.
As of now, the price of BTC is around 90000, just touching the mining cost price for miners, at least for this quarter, the market is basically doomed to fall.......$DOGE $BTC $SUI #USDT
