The market is always against human nature. It has ushered in a long correction before the quarterly delivery, so the possibility of a big drop in the quarterly delivery is very small.
Because the market is already afraid, when retail investors are afraid and think that there will be a big drop, retail investors are waiting for a big drop and want to pick up low-priced chips, do you think the main force will let them succeed?
We only judge by the sentiment that conforms to the market logic through the news, and we can't see a big drop.
From a technical point of view, although the big cake did not successfully break the new high, and then ushered in a wave of correction, the correction did not fall below the shock range, and it is still in the shock range, and did not break the new low.
Ethereum is even better. After breaking through the bottom shock range with large volume, it ushered in this round of correction. After falling to the vicinity of the previous shock range, it did not fall below.
And the daily line of Ethereum is in a large negative line with a large volume and a lower shadow, and it appears at an important support, indicating that the support below is very strong.
From a technical perspective, Bitcoin has shown signs of stopping its decline, and Ethereum has once again confirmed that it has stopped falling.
