Respect the trend📉Don't talk about the bottom, it has always been my famous saying to everyone‼ ️Where is the bottom⁉️
How do you know that 50,000 is the bottom⁉️How do you know it won't fall to 40,000⁉️
Bears don't talk about the bottom, bulls don't talk about the top, this is the iron rule of long-term stable profit in the currency circle‼ ️It is possible that the bottom of 53,000 you think today will fall to the top of 40,000 tomorrow
I have always advocated looking at Ethereum first when it falls. This wave of FOMO is too heavy. As soon as Bitcoin touched 70,000 again, it started thinking about 80,000 or 100,000, but if you look at Ethereum from the other side, the 3560 long-short dividing line has never been broken‼ ️Why? Because the market has run out of money, except for the large number of retail investors who are FOMOing Bitcoin and the rapid rise in price, other currencies have no inflow of funds at all. Without money, the market will of course fall sharply.
So I still focus on analyzing Ethereum and no longer distract myself from Bitcoin. The only way to truly judge the market trend is to focus on analyzing Ethereum.