This drop is enough to turn a month's gains into nothing, or even worse. There will definitely be a more intense sell-off in the second half of this year. At that time, I will buy the dip, but not now. Using it as fuel is also the goal of the institutions!
After this week's weekly line closes in the red, the market will establish a pattern of oscillation and decline. As for how low this dip will go, we'll see as we go, and I won't guess the top or the bottom, just follow the trend, the same goes for Ethereum!
Short position at the 119500 level, with a short-term target of 116000, defense according to short-term movements!
