币姥爷
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USDC exchange rate soars, foreigners are still selling frantically
November 18, 2025
Ethereum has officially fallen below 3000, and Bitcoin is just one bearish dip away from the 90,000 support. To be honest, this decline is a bit fast; I haven't even recovered yet, as if just the other day I was excited about Ethereum nearing a breakthrough of 5000. The highest price of Bitcoin was 126000, and the drop from this position has exceeded 30%, which is also the critical defense level for a technical bear market. If it effectively breaks down, then the bear market will be confirmed. Of course, some may think that even if we judge a bear market is forming now, it is already too late. This is indeed the case; we cannot judge a reversal during an upward trend. This is why I have always emphasized that when the market is in FOMO, one should reduce positions in batches, as the transition between bull and bear markets is not a single point in time but a period.
Ethereum has officially fallen below 3000, and Bitcoin is just one bearish dip away from the 90,000 support. To be honest, this decline is a bit fast; I haven't even recovered yet, as if just the other day I was excited about Ethereum nearing a breakthrough of 5000. The highest price of Bitcoin was 126000, and the drop from this position has exceeded 30%, which is also the critical defense level for a technical bear market. If it effectively breaks down, then the bear market will be confirmed. Of course, some may think that even if we judge a bear market is forming now, it is already too late. This is indeed the case; we cannot judge a reversal during an upward trend. This is why I have always emphasized that when the market is in FOMO, one should reduce positions in batches, as the transition between bull and bear markets is not a single point in time but a period.
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