On February 4th, BTC continued its downward trend, directly losing the $80,000 support level! The current price is $78,125.6, with a low of $77,012.3, a drop of 15.26% from the previous high of $92,187. The entire network saw $920 million in liquidation across all BTC single currencies, with over 85% of long positions liquidated. Most of these were retail investors lured in by false "support levels," another wave of retail investors being harvested by the whales!

Never believe the deceptive talk that "75,000 is a solid bottom" or "80,000 is strong support." There are no signs of a bottom at all! Global liquidity continues to tighten, BTC ETFs have experienced 13 consecutive days of net outflows, with over $1.95 billion withdrawn in a single week. BlackRock's iBit has sold an additional $680 million worth of holdings. Funds are voting with their feet—so-called "safe-haven assets" are even underperforming gold, and the fundamentals are completely rotten!

Whales rely on releasing "bottom-fishing signals" to lure in retail investors, then reverse and dump their holdings once the crowd rushes in, trapping them in the middle of the mountain. The previous hype claiming "85,000 is a diamond bottom" was just a trick to get retail investors to buy the dip. After the crash, it went silent—turns out retail investors' hard-earned money is just their ATM for the big players!

When will the decline end?
When $BTC ETF funds start flowing back, when the global liquidity turning point appears, and when selling pressure is completely exhausted—right now, bottom-fishing is just giving away money. Don’t be fooled by the whales’ fake moves. #BTC何时反弹？