Zz帽子哥
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Bearish
$ETH Many people are still self-comforting and thinking there is a bull market, stubbornly holding onto spot positions. In fact, to put it bluntly, we are currently in a bear market. ETH has already entered a monthly level adjustment, which is very frightening. The last time ETH broke 1800 was a false breakdown, so the next time it breaks out with volume, it will be a real breakdown, opening up the downward channel of 1600-1400. If it continues to drop like this, how far are we from an ETH of 800?
Currently, BTC still looks the strongest. 95% of other altcoins are in the process of defoaming, with trading volume sluggish and market cap at new lows. Only a few altcoins that were hyped up a few days ago have not yet been popped, including KAITO IP LAYER. It's normal for these coins to drop another 80%.
Now, whether bulls or bears are anticipating a massive rebound, bears can re-enter the market, while bulls can either break even or cut losses?
Currently, BTC still looks the strongest. 95% of other altcoins are in the process of defoaming, with trading volume sluggish and market cap at new lows. Only a few altcoins that were hyped up a few days ago have not yet been popped, including KAITO IP LAYER. It's normal for these coins to drop another 80%.
Now, whether bulls or bears are anticipating a massive rebound, bears can re-enter the market, while bulls can either break even or cut losses?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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