Yesterday, Twitter was flooded with criticism of Binance and CZ (Center for Global Markets). Market sentiment had reached its breaking point and needed an outlet. Binance and CZ had been stirring up trouble (bad things) lately, so they were under attack from across the internet. Everyone was losing money, so why...?
Today, gold saw a sharp drop in volume (a bad sign; even if it hasn't peaked, a major correction is imminent), dragging BTC down further. 260,000 people across the internet were liquidated, losing 1.6 billion, further draining already tight liquidity. BTC might have been on track for a while now. Without a proper correction, it will be difficult for it to rise further. It rose steadily from 2022 to the end of 2025; a correction of several months or even half a year is normal.
If it can't hold at the 822 level, and if it continues down, I still see a chance it could bottom out around 69,000. I overthought things before, making things too complicated. Looking back now, I wasn't overthinking it at all. My views might not be wrong; the big players always have many tricks up their sleeves.