I stayed up late to observe the market until four in the morning yesterday. Although I got up a bit late, the result was satisfactory; the SOL short position successfully took profit.

The market situation has undergone significant changes. Many followers are asking if they can buy the dip, but it's not that simple. After the non-farm payroll data was released, the market experienced a slight pullback. Subsequently, political factors triggered greater volatility. Some have questioned the authenticity of the employment data, while new tensions have emerged in the geopolitical landscape. These events have led to a sharp decline in market sentiment, creating strong bearish pressure.

This morning, Bitcoin briefly fell below the $113,000 mark, with about 200,000 traders facing forced liquidations within 24 hours, resulting in a total floating loss of $18.5 million. The Ethereum market also suffered greatly, with long positions liquidated for losses of up to $161 million. Ethereum has now dropped for three consecutive days, with a noticeable downward trend yesterday.

Nevertheless, in the long run, the market is still considered to have upward potential. For investors with ample capital, now may be the opportunity to gradually accumulate Bitcoin. As for Ethereum, it is recommended to adopt a strategy of building positions in batches.

Institutional traders are inactive during the weekend, but market volatility continues. After this round of adjustment, the long-term bullish fundamentals have not changed. In this rapidly changing cryptocurrency world, timely access to first-hand information and joining quality communities is crucial, as this may be a key factor determining the success or failure of investments.