๐จ High Alert๐จ: The market is in trouble, and a terrifying downturn is emerging. The global financial market is collapsing, especially the US economy, which is about to decline, causing a global recession. The US dollar, US stocks, A shares, gold, and cryptocurrencies have all plummeted. Various news and technical indicators suggest a bear market is approaching. Please sit tight and fasten your seat belts. ๐๐บ
What should the market do next? The US stock market is experiencing a deep retracement, signaling the start of the bear market. ๐
Cryptocurrency Market:
- Bitcoin Intraday Market:
- ๐ Short-term swing trading bets on a rebound around $60,000, take profit at $2,000, and continue to monitor the market.
- Weekly Market:
- ๐ Short-term swing trading bets on a rebound around $56,888 to $58,000, take profit around $4,000.
- 5 to 8 Week Market:
- ๐ Bull market layout bottom-fishing market: first target $53,888, second target below $50,000 ($46,888 to $48,888).
Ether Daily Market:
- ๐ Short-term swing trading bets on a rebound to $2,838, take profit around $200.
- 1 to 8 Week Market:
- ๐ Bull market layout bottom-fishing price: first target $2,688, second target $2,388.
Other Altcoins:
- ๐ช Look at the sentiment of the big market. When the big market reaches this price, other altcoins can also be determined. Currently, other altcoins still have a 50% correction.
Please hold positions reasonably, manage risks well, and fasten your seat belts. ๐๐บ
This article is shared as a personal suggestion for reference only and does not constitute any investment advice. The line in the picture is the weekly line. ๐
Click here to check: I wish you a happy profit in the cryptocurrency circle! ๐ฐโจ $BTC $ETH