A massive crash! Bitcoin plunged 4%, and the South Korean stock market crashed nearly 10%. Will it continue to fall? Let's take a look. 1. This collective plunge was caused by the flash crashes of the South Korean stock market and major suppliers of Nvidia, Samsung and SK Hynix. Bitcoin also suffered, falling along with them. So what exactly happened? Did the AI bubble suddenly burst? 2. Actually, neither. The main negative factor is Trump's radical move to redeploy the THAAD and Patriot air defense systems, originally deployed in South Korea, to the Middle East. South Korea lost its protective umbrella, and North Korea now possesses nuclear weapons. No wonder the South Korean stock market crashed like that. 3. This also indirectly proves that the US is facing a shortage of overseas military equipment, requiring the mobilization of equipment from such an important location as South Korea. The current conflict with Iran may exceed expectations, and oil prices have already surged by 10%. 4. So, is it a good time to go long on $BTC? Currently, it seems there is some support around 6.57. If the price rebounds, there's a good chance around this level. Those interested can try it. The most reliable support level is definitely around the previous low of 6.3. We've bought in here several times, and each time we've profited handsomely. 5. Last night, when Bitcoin surged, Shuqin advised everyone to short it in the video, because a pullback to the previous high of 70,000 was expected. However, this pullback was quite significant. Originally, we just wanted to make a small profit, but now it looks like we've made a huge profit. These operations were all real-time; we acted as soon as there was market movement, and the results were immediate.
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