Wow, Bitcoin has really been up and down recently! I just saw the news that it plummeted from $90,000 to over $80,000. As a newcomer, I was stunned. Many people have suffered big losses; I heard that over $500 million long positions were liquidated! That's just too scary. But after looking at some analysis, it seems that the rapid rise earlier caused the market to already price in good news for the future. ETF funds are also flowing out, market depth is decreasing, and everyone seems to be becoming more cautious. As a newbie, I really don't understand this, but the volatility is so exciting! What do the experts think about this pullback? Will it drop to $70,000? Should I take the opportunity to buy a little? I'm so conflicted!
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Wow, Bitcoin has really been up and down recently! I just saw the news that it plummeted from $90,000 to over $80,000. As a newcomer, I was stunned. Many people have suffered big losses; I heard that over $500 million long positions were liquidated! That's just too scary. But after looking at some analysis, it seems that the rapid rise earlier caused the market to already price in good news for the future. ETF funds are also flowing out, market depth is decreasing, and everyone seems to be becoming more cautious. As a newbie, I really don't understand this, but the volatility is so exciting! What do the experts think about this pullback? Will it drop to $70,000? Should I take the opportunity to buy a little? I'm so conflicted!