#PEOPLE
《Pin Downward ———— People Point Update》
Today's pin from the big pie has sounded the alarm for the market to respect it. The trend indicates that the support level is around 85500. It can be observed that when the big pie attempted to reach 90,000, the altcoins did not follow but instead entered a downward trend.
Ethereum reached the strong resistance level of 3440 that has been repeatedly reminded these days, with the price peaking at 3442.5 and starting a significant correction. This correction has knocked the altcoins that had just started to rise back to their original state.
Last round, we entered the market around 0.056 for People, and when it rose to approximately 0.06940, we reduced most of our positions. Subsequently, the replenishment position given by Taco was around 0.08350, and today's pin also allowed us to re-enter the market.
The market has not stabilized, and the possibility of another pin remains high. The next replenishment position is around 0.05570. The market is quite volatile, so manage your positions reasonably. The market is still in an upward trend; don't fall before dawn.