10.3 The cryptocurrency market plummeted, the bull market is gone, is it going to be a bear market? Let me share my opinion.

The night before yesterday, due to the sudden attack of Iran on Israel, Bitcoin flash crashed 5%, Nasdaq fell 2%, and oil prices soared 10%. Although the war may last for a long time, you must know that this negative news is more of a panic negative news, which is unsustainable. For example, the conflict between Russia and Ukraine is like this. It plummeted at the beginning, and now the conflict is still going on, but it has no impact on the cryptocurrency market and the stock market. So this wave is the same. After people's panic is over, the price of the currency will rise again. After all, we also experienced the Israeli-Palestinian conflict in April this year.

Is BTC going to be a bear market after the rise? Will the market still pull up in the future? I think the direction will be determined within 3 days! BTC has fallen too much and too fast in this period. It is reasonable for the market to lack a big rebound, but it has indeed fallen too much. The latest will be determined after the non-agricultural data comes out this Friday. ​​​At present, the daily support of 60,000 is as stable as an old dog. It has not fallen after being touched many times. The operation is to step back and follow the long. If you are not satisfied with the recent market operation, please consult btc0796 and find me to discuss the market.

Bitcoin retracement: 59500-60500, target 62000-64000, defense 59000

Ethereum retracement: 2300-2340, target 2450-2550, defense 2250

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