Good morning, everyone! With the current market situation, is everyone pondering where to wait for a dip to buy in? Let me chat with you all.
First of all, this wave of fluctuations and corrections is likely to last for about two more weeks before it wraps up. By around mid-January, the market will likely start a new round of upward trends.
Looking at BTC, based on past trends, the correction could be around 20%. If we calculate this, it’s very likely that it will fall below the price corresponding to the long wick that appeared during the last major liquidation at 90600, possibly dropping to around 85000.
As for ETH and some altcoins, they have already fallen excessively ahead of time. Especially for ETH, it is difficult to fall below the 3000 - 3100 range.
In the next two weeks, everyone should see that BTC's decline will be faster than that of altcoins.
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