Obviously, this retracement is not just about 93,000.

This time, the retracement is actually meant to fill the gap from the last jump from 76,000 to 90,000.

Therefore, the target of this retracement is not just in the 90,000 range.

So, in facing this retracement, there should be two basic understandings.

First, this is a weekly-level retracement.

It may continue until after the Spring Festival.

Second, the target of this retracement may be aiming for 80,000.

Most altcoins are likely to be devastated.

Third, after the retracement, we will see the start of a bullish market.

The bullish market will break through the price of 120,000.

ETH will break through the price of 4,400.

This post will stay here.