#BTC☀

《The market is facing a formidable enemy——Will there be a second test?》

This round of bull market can torture retail investors to the point of exhaustion. Both Bitcoin and Ethereum plunged. Yesterday, we said that Ethereum’s strong waist has bent again. The performance in recent days is even more shocking. It has fallen by half. Now the market is particularly calm. We need to be alert to the possibility of a second test.

It seems that the trend of Bitcoin has quickly recovered after falling to the support near 91,000. It is now in a state of repair and has not stabilized. Don’t blindly buy the bottom and enter the market. The data seems to have the risk of dropping to around 92,000.

The big needle of Ethereum at 10 o’clock in the morning was like a bolt from the blue, shattering How many people have been disappointed, and how many people have secretly vowed never to touch contracts again. From the trend, ether, like bitcoin, may still have a second exploration, and the trend may see a decline to around 2,300.

After this market drop, it is not all bad. It is gratifying that the long leverage has been cleaned up very cleanly. When the good news comes next, it will be easier to pull the market. Yesterday, it was mentioned that this week was volatile, and the market was hit hard on the first day. Learn from the lesson and move forward.

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