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Currently in the market, it's like going to a busy market during a heavy rainstorm—vendors are rushing to clear their goods, and buyers are staying far away. Bitcoin has dropped 3.29% in one day, and Ethereum even more sharply, plunging 5.10%. This is not just a normal discount promotion; it's a classic case of "panic selling."
From the chart, both coins have broken through the key support of the Bollinger Bands, and trading volume is still increasing, indicating that large investors are leading the rush to exit, throwing off those retail investors who can't hold on. The current market sentiment is like encountering a torrential rain at a market—everyone is just trying to take cover, and no one is willing to make a move. If you rush to buy the dip now, you'll definitely end up with a bunch of junk.
In the short term, $BTC Bitcoin's "bottom price" is initially seen at 66,800; if it can't hold, then look toward 65,000. As for Ethereum, the recent bottom is at 1961; if it continues downward, 1900 dollars is the real "clearance price."
The most taboo thing right now is losing your mindset and making frequent trades. True experts would choose to "wait out the rain"—wait until the storm passes, the market heats up again, then pick good assets and patiently wait for prices to rise.