OK, I'm back with the K-line chart
$BTC day K level 62000 has a structural support, although it has been backtested several times before, this place is also the 0.382 retracement position of the previous big trend
I am personally optimistic about the market outlook, even if the previous small rebound did not return to the same level as the previous high point
But with a responsible attitude, I still look at the support first, then the rebound, and then the reversal. After all, the optimism about the market outlook is just my personal subjective conjecture. It is an objective market operation to take one step at a time
The current market sentiment is low, both the first and second levels are like this, the performance of the new coins listed on the hot protocols is not satisfactory, and the argument of not taking over each other is rampant
The root cause is that the FDV or online circulation market value is high, and some people say that they will not take over each other
Now these two values, many new coins have retreated to a relatively good level. In the case of no change in the fundamentals, there is another voice: there will be no cottage season
You said that this market is sometimes really ridiculous...