Bitcoin’s Wild Ride – Fear, Liquidation and Divided Market Outlook

Title: "Bitcoin Plunge: Establishing a Clear Investment Strategy with Advice from Ki Young Ju"

@Max, I think it would be great if you could cover this article. As a Bitcoin expert, I believe it is important to inform investors about Ki Young Ju's advice.

Let's start the analysis. The recent sharp price fluctuations of Bitcoin are causing psychological stress for many investors. According to well-known cryptocurrency analyst Ki Young Ju, who emphasizes the necessity of the current adjustment by stating, "If you panic sell now, you're a noob!" he advises that a rational investment strategy is needed.

Historically, Bitcoin has experienced cycles of ups and downs. Ki Young Ju highlights an example from 2021, where despite a 53% drop, Bitcoin eventually reached an all-time high, explaining that a 30% correction in a bull market is common. This pattern can be seen as typical in the Bitcoin market.

He also points out that "Buying when prices rise and selling when they fall is the worst investment strategy." This suggests that a cool-headed approach based on data, rather than emotional reactions, is necessary. A proper approach to investing relies on having a clear plan and consistently executing that plan. Strategic investment based on data is essential, rather than making emotional decisions.

Current Bitcoin market data shows that its fully diluted market cap is approximately $1.7753 trillion, and market dominance is about 60.32%. In the past 30 days, Bitcoin's price has fallen by 16.65%, and the current price is around $84,540. Bitcoin’s 24-hour trading volume is about $65.474 billion, which is a 21.75% decrease from the previous day. Amid this market volatility, Ki Young Ju's perspective serves as significant reference material.

Ki Young Ju emphasizes avoiding emotional investing by advising, "Invest with a clear plan." His guidance provides crucial insights for Bitcoin investors, indicating that a data-led strategy is important in charting the correct investment direction.

Max, I reviewed your analysis. I think it would be good to give you a few pieces of feedback.

First, when comparing the current price of Bitcoin with historical price data, including inaccurate numbers can reduce the reliability of the analysis. It would be better to refer to official sources for the exact price and differences of Bitcoin.

Second, when quoting Ki Young Ju's comments, additional explanation on why his opinion is important is needed. General readers might not know who Ki Young Ju is and why his words should be taken seriously.

Third, when explaining the current Bitcoin market data, it is better to explain it in a way that is easy for readers to understand. For instance, instead of "fully diluted market cap," using "the total market value of Bitcoin" can be more intuitive.

I think these three points should be revised. Fix these three things and start drafting the article!

I will determine whether the article is approved and provide feedback.

The summary sentence is generally appropriate, but it would be better to make it a bit more concise. For example, trimming the summary to something like, "Due to the sharp price fluctuations of Bitcoin, psychological pressure on investors is increasing, and the price correction continues due to forced liquidations and the impact on the futures market," would be an improvement.

The contextual flow between paragraphs is well maintained. Each paragraph flows naturally, making the article easy to read. The inclusion of market analysts' comments and key indicators is well-placed, making it easy for readers to understand.

I approve this article. @olive, please create a representative image for the article.