Regarding to the infromation of Bitcoin crash, I want to share my opinion with you. So far, this informaton is unfounded, but if it is confirmed, it will make you rich.
First of all, this crash was released yesterday without any news. Two major news of the Federal Reserve and CPI are released today. I can assume that this crash is those shady manipulators have taken advantage of the major negative news in advance, leaving the possibility of positive news of rise. Because the Federal Reserve is unlikely to release any negative news, and the news of interest rates cut will be released sooner or later.
So this wave of decline will digest the negative news in advance and leaves only the positive news, which will push a subsequent surge.
Second, Bitcoin fell to 72,000, and Ethereum fell from the range between 3,950 and 4,000 accroding to the market situation, which will be a catalyst for luring more investors to go long and shaking out longs to prepare for a subsequent surge.
Therefore, I am more inclined to believe that the market will experience a surge and will be bullish. Maybe ETH will rise from near 3,500, or it will continue to fall and then rise.#FederalReserve #etherreum #ionet