📉 BTC plummeted below 59,000, and ETH fell even worse below 2,300! Prophet analyzes the market trend

This wave of decline really caught people off guard! But it also reminds us how volatile the crypto market is.

📊 BTC short-term support level

BTC seems to have reached the short-term weak support of 58,720, but has not yet reached the extreme support of 57,800. This provides us with an important reference point for observing subsequent trends.

Many people questioned whether BTC could fall to 58,800, but it happened today. This once again proves the unpredictability of the market.

This information reflects several important trends in the crypto market:

1. Market volatility is still very high, even for mainstream coins.

2. Technical analysis may play a role in predicting short-term trends.

3. Market sentiment changes quickly, and yesterday's optimism may turn into today's pessimism in a blink of an eye.

So the question is: In the face of such a plunge, would you choose to buy at the bottom or wait and see? Do you think this decline is a short-term adjustment or the beginning of a long-term trend? Welcome to share your views in the comment area! 🤔💬 #比特币政策 #加密货币市场 $BTC $ETH