All lines plummet! Over 120,000 people liquidated in 24 hours!
1. As the Federal Reserve's data was released, the market gradually retraced, with the persistent decline of #BTC leading to continuous liquidations. Meanwhile, the open interest of perpetual contracts at #ETH keeps hitting new highs. Since this wave of rebound has the most, a correction is inevitable. Even though we haven't seen signs of stabilization now, we can predict that Ethereum may stabilize around 3188 or experience a spike.
2. Most people believe this retracement indicates the end of the bull market, which is particularly regrettable because the cryptocurrencies in their hands have not yet reached their ideal prices. Trading always generates differences and confusion, but in the end, it's still up to oneself to make the decision.
