The entire market has fallen again. A few days ago, I mentioned that Bitcoin and Ethereum both have gaps below. Bitcoin is around 107000, and Ethereum is around 3760. Currently, Bitcoin has reached the expected position. After a significant drop and rebound, today is already the fourth consecutive day of Bitcoin's decline, and there are still no signs of a stop in the decline, so now is not the time to enter the market.
Ethereum's trend is slightly slower than Bitcoin, and it is moving towards the expected target. The entire market is in extreme panic, bottom-fishing sentiment is low, and the rebound is becoming weak. We continue to observe whether these two key positions can recover before making a decision.
Bitcoin and Ethereum are going down to fill the gap. I mentioned that Solana would reach around 180, and it has now also reached this position. For friends who are still holding cash, this is a good position to start entering the market. There is both potential and risk here, and one should not go all in or heavily invest.
