Will Bitcoin hit a new low? Market panic intensifies, so be cautious!

The future trend of Bitcoin is shrouded in mystery. Will it continue to drop to $55,000 or even $48,000? And can Ethereum hold the support of $2,800? This series of questions concerns every market participant.

Recently, economic data has been bearish, and the release of small non-agricultural data has shown a downward trend. The market generally expects that the upcoming large non-agricultural data will bring a greater impact. In this context, the bulls seem to have reached the moment to converge their edge, while the bears seem to hold their chips tightly and wait for the opportunity.

At 4 a.m. tomorrow, the market may usher in a new turning point, and investors need to pay close attention. But please note that I am not a bear, but the panic in the current market has surged like a tide, and rationality and caution have become the most important investment principles at present.

In the face of such an uncertain market environment, it is wise to reduce the frequency of operations and reduce positions. Only by protecting your own funds can you have more chips and stronger combat effectiveness when future opportunities come.

For more in-depth analysis and suggestions on market trends, please click on my avatar to get more professional insights! Remember, the market is unpredictable, but we can control our own risks and strategies.

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