#加密市场回调 Old Bao's speech, there was a major upheaval in the cryptocurrency market yesterday, which truly washed out the longs, leaving them in dire straits.
Next week, we expect an even more severe washout; we will analyze again when we close the weekly chart. Currently, the market is anticipating that the 94000 level is roughly the position for this round of correction when the price was at 102500, but now the low has reached 92280, resulting in a V-shaped reversal, and currently, it is at a position of 97500. This rebound has also caught many shorts off guard. Tomorrow is the weekend; it is expected to be a phase of catching up in the early hours.