Both BTC and ETH have failed this time. Many whales have chosen to cut their losses and exit, and a lot of people across the internet have been liquidated. However, after the whales cut their losses and left, they entered long positions again one after another.
BTC did not drop to a very deep level this time. Its rebound is still quite strong. So as long as it can stabilize above 3000 points within a few days, we can still remain bullish for the future.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Both BTC and ETH have failed this time. Many whales have chosen to cut their losses and exit, and a lot of people across the internet have been liquidated. However, after the whales cut their losses and left, they entered long positions again one after another.
BTC did not drop to a very deep level this time. Its rebound is still quite strong. So as long as it can stabilize above 3000 points within a few days, we can still remain bullish for the future.