The market is stagnant with Bitcoin and Ethereum, while altcoins are breaking new lows one after another.

Short-term support is seen around 2460-2500. There may be slight upward fluctuations during the day, but a real rebound will have to wait until after the interest rate meeting on Thursday.

Currently, the market is lacking liquidity, and long positions are getting beaten every day. The primary market doesn't have any decent projects like the Golden Dog.

Yesterday, I conducted a small survey asking everyone why they are still holding on in this bull market?

The result showed that 68% of the responses were: Because I haven't broken even yet...

This bull market relies on 'the faith of being in the red' to hold on!