Will Ethereum 3000 continue to drop, what about Bitcoin?
分析师舒琴
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The bear market is here to challenge! The bullish fantasies have been shattered, and the decline will continue? Let's take a look. Currently, Bitcoin is following a downward continuation pattern, and there will be a larger drop ahead. After Bitcoin fell to 80,000, it climbed for two to three weeks. It seemed favorable, but it is actually a downward continuation pattern. It has now broken below the trend line, which is very dangerous.
However, in the short term, after falling too much, there will also be a rebound. For example, Bitcoin around 86,000 and ETH near 2,900 have some support. This morning, Shuqin had everyone make a small rebound, and now it is testing the bottom again. ETH has a chance to rebound close to 3,000 before continuing to fall. For stability, one can take profit at 2,970.
Additionally, there will be significant volatility tonight because at 9:30 PM, the unemployment rate and employment data will be released. Due to the previous suspension, the uncertainty around this data is very high. The market is waiting to react after the data is released, so when the results come out tonight, we will take another look. Everyone remember to follow me!
In general, the bear market means everything returns to zero. Even the tough BCH has been successfully shorted by us, and it has now reached a new low of 510. It is expected that there will be some support near the 500 mark, so the next time it comes here, a profit can be taken.
Moreover, WLFI has fallen 30% from 0.176. Any price you short now should have earned you a good amount. Now I hope the coin price can rebound slightly and give us a higher shorting position, that would be even better. Keep up the operations every day~
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