If the BTC price falls below $62754.00, then I expect the market to continue declining. Investors may sell off the assets they hold, causing the market to drop further, and I would be bearish on the market.

If the ETH price rises to above $1900.00, I would believe the market has a chance to recover. Investors may return to the market, which could drive other asset prices higher, and I would be bullish on the market.

I think the latter is more likely to happen, because recently ETH’s price has already approached $1892.31, and its 24-hour trading volume is $116M, indicating that the market has strong interest in it.

In addition, the LINK price has fallen to $9.3990, and its 24-hour trading volume is $14M, suggesting that the market’s risk appetite has decreased and it may shift toward more stable assets.

Therefore, I am bullish on the market and expect ETH’s price to continue rising.

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