$ETH

Many people are still consoling themselves with the idea that there is a bull market, clinging to assets; simply put, we are currently in a bear market. ETH has already entered a monthly adjustment, which is very scary. The last time ETH broke 1800 was a fake breakout, so the next time it breaks with volume, it will be a real breakout, opening a downward channel in the range of 1600-1400. If it continues to fall like this, how far is it from 800 for ETH?

At this moment, the strongest remains BTC, 95% of altcoins are already in a deflationary process, trading volume is weak, market value is at a new low, only a few altcoins that were very popular a few days ago have not been punctured yet, among them is KAITO IP LAYER; these coins dropping another 80% would be normal.

Now, whether it's the bull army or the bear army, both are waiting for a big rebound. The bear army may re-enter, while the bull army may either get out of trouble or cut losses.