Today marks my 597th consecutive day of posting updates, with no breaks. Each post is not just a perfunctory effort but carefully prepared. [微笑] If you think I am a serious person, you can follow me, and I hope the daily content can help you. The world is vast, and I am small. Hit follow to make it easier to find me. [微笑][微笑]
As gold and silver prices decline, funds have not flowed into the crypto market. The fact that the entire market is facing liquidity exhaustion is clear. A major shakeout is likely to occur, and the market is essentially a bad hand; only by reshuffling can there be new opportunities. This is a true reflection of the current market. Recently, I have been entering cautiously, as the downtrend is hard to reverse, and we need to wait for the shakeout to pass before new opportunities emerge.
Bitcoin and Ethereum have experienced especially large fluctuations in the past two days. Ethereum is currently facing the $2000 support level and shows signs of stabilizing and rebounding. The resistance above is around $2250, and there is still a high probability of further decline. Bitcoin has reached around 70,000, and the market's decline could soon see Bitcoin prices starting with 6. There are signs of a rebound now. In a downtrend, any buy-in will result in losses, just varying in size. Currently, there are no good opportunities in this circle. Staying still and living well is enough to outperform most of the market.
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DragonLookingUp
· 8h ago
Six hundred sixty-six quintillion, six hundred sixty-six quadrillion, six hundred sixty-six trillion, six hundred sixty-six billion, six hundred sixty-six million, six hundred sixty-six thousand, six hundred sixty-six.
Today marks my 597th consecutive day of posting updates, with no breaks. Each post is not just a perfunctory effort but carefully prepared. [微笑] If you think I am a serious person, you can follow me, and I hope the daily content can help you. The world is vast, and I am small. Hit follow to make it easier to find me. [微笑][微笑]
As gold and silver prices decline, funds have not flowed into the crypto market. The fact that the entire market is facing liquidity exhaustion is clear. A major shakeout is likely to occur, and the market is essentially a bad hand; only by reshuffling can there be new opportunities. This is a true reflection of the current market. Recently, I have been entering cautiously, as the downtrend is hard to reverse, and we need to wait for the shakeout to pass before new opportunities emerge.
Bitcoin and Ethereum have experienced especially large fluctuations in the past two days. Ethereum is currently facing the $2000 support level and shows signs of stabilizing and rebounding. The resistance above is around $2250, and there is still a high probability of further decline. Bitcoin has reached around 70,000, and the market's decline could soon see Bitcoin prices starting with 6. There are signs of a rebound now. In a downtrend, any buy-in will result in losses, just varying in size. Currently, there are no good opportunities in this circle. Staying still and living well is enough to outperform most of the market.