The bear's slaughter knife has fallen; don't catch flying knives!
The cryptocurrency circle is probably completely unable to hold on this time! BTC and ETH are leading the plunge, the market is lifeless, and stablecoins have also shrunk by 2%! The previously touted "bull market" is unlikely to be realized by 2025!
The trend is increasingly leaning towards bears, and a significant drop from the bear army is about to come. Those who still fantasize that altcoin "pullbacks are opportunities" are merely deceiving themselves; those who dare to bottom fish or hope for a rebound are all licking blood from the blade, definitely sending themselves to the slaughter!
Looking at $MERL , it has become even worse, hitting a key resistance point and getting stuck, like crashing into an iron wall and unable to move forward; the upward momentum has no continuity and no following market, only genuine weakness remains. This signal is too obvious: the rebound is completely cooled off, and the downward trend is about to explode comprehensively!
When the trend reverses, any luck is a gamble on life. After suffering losses from shorting last time, this time they still want to short😓



