Yesterday the market was thriving, everything was rising, and it was quite vigorous, but strangely, the trading volume didn't increase much. What does this indicate? It indicates that there are many buyers and few sellers; everyone feels that now is a good opportunity, eager to buy, but not very willing to sell.
From the perspective of those big players, the chips in the market haven't been thoroughly exchanged yet, and there are still many stubborn bulls who are holding onto their chips, believing that this is the lowest point and that it won't drop further.
But I think this isn't truly the bottom yet; the market may bounce back a bit more, giving everyone a taste of sweetness. However, my personal judgment is that after this wave of rebound, the market will continue to explore lower levels, and it may drop even lower than before.
If you keep chasing highs and cutting losses, often getting trapped, and you don't have the latest news from the crypto space or a clear direction, click on the avatar and follow me.
