When a hair is pulled, the whole body is affected; when the price of Bitcoin adjusts, other coins also collapse. A few recoveries have led people to believe that 100,000 will be broken, but unfortunately, the heavens do not favor us. The high fluctuations have finally started a correction phase this week. Last night I said, first look at 89,000; when this position is reached, it will be a correction of 10,000 points.

Next, perhaps every day we will receive news about investors being liquidated for buying in; absolutely do not stubbornly go against the trend. This month, everyone has fallen into a buying mindset; now a timely adjustment is needed. Remember to follow the selling trend. A recovery is normal; in a bull market, a drop of 10,000 points in a day is very normal.

The daily chart ended with a large bearish candle, investors selling began to give back a large portion of previous profits, and all average indicators turned downwards. Not to mention the emergency weak pattern, at least it's a large weak pace. This morning continued to decline, hitting the lowest point in the area of 92,666 and then recovering. Whether it's a one-way increase or decrease, do not blindly chase; wait for the right moment to enter the recovery orders.

Bitcoin: sell in the area of 94,300-94,800, target 90,000

Ethereum: sell in the area of 3,450-3,480, target 3,300

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