It is an epic explosion of long orders. All the altcoins have exploded, and the mainstream coins with higher long orders have also exploded. If the price drops again, Ethereum will also explode.

High risk and high return, if you don't learn to stop loss in contracts, even the lowest leverage will explode.

There is no reason for the market to fall, and now the news is looking for reasons for the fall.

Really, if you have a good job income, you will not play contracts, at least you will hold a stable spot, and contracts are hard to endure.

What everyone is most concerned about is whether it has reached the bottom.

Both Bitcoin and Ethereum have fallen to the support level, but the support and resistance levels are used to break through. In the face of panic and greed, the support and resistance levels are nothing.

It depends on everyone's determination. If the shorts are determined to break through $60,000, and the longs' bottom-fishing funds are less than the shorts, then the price will continue to fall. Otherwise, it will consolidate and rebound.

Alas! It is not so easy to get rich by speculating in coins. There is no easy money in the world by your own efforts. The funds lost by the longs who are reluctant to stop losses this time will be gone forever in the bull market.

Be more open-minded, regain confidence, sum up experience and keep working.