Today is the 521st day I have been posting updates without interruption. Each post is not done half-heartedly, but is carefully prepared. [微笑] If you think I am a serious person, you can follow me, and I hope the content every day can help you. The world is vast, and I am small, so follow me to avoid difficulties in finding me. [微笑][微笑]

The market also shows signs of stabilization, and the Ethereum below 3000 currently seems to be a relative bottom. The trend still indicates a fluctuating upward trend, with resistance near 3170. If it goes up again, it will return to 3250, where a drop is support and a rise is resistance. Bitcoin is also gradually repairing, showing a fluctuating upward trend, with resistance near 93800. This position is quite critical; the ups and downs mark the dividing line between bulls and bears. Stabilizing at 91000 is crucial to prevent further declines, and breaking through 93800 will sound the horn for a rebound. In this round of decline, LTC's performance has been relatively resilient, and this resilience is easiest to follow when the mainstream market stabilizes and rebounds. Around 90 is an entry point to watch.

This round is still a bull market, just a pullback in the middle.
So every time the US market takes a hit at night, by the time Asia wakes up, they see: the technicals are oversold at a glance, and the sentiment is very panic-stricken; let’s buy the dip and hope for an intraday rebound. The main players in the US market are ETFs and institutional big funds. Their thinking is completely different from Asia, more like: I have a basket of risky assets, if I need to cut down, I’ll first slash the most volatile ones, so let’s start with Bitcoin.