Wasn't yesterday afternoon's sharp drop in Bitcoin a real shock, making our hearts race? I bet everyone is pondering how the market will behave in the coming days and how we should respond.
First, let me remind you that what I’m about to say is purely my personal review of the market, for reference only. Please don't take it as investment advice; consider it just entertainment. When dealing with cryptocurrencies, one must think critically and never blindly follow trends.
In my view, Bitcoin may still have room to drop. There are a few key levels we need to pay extra attention to, such as 92000, 88000, and 85000; these are all important “defense lines.”
If Bitcoin indeed slides toward these levels, we can adopt a strategy of entering the market in batches, buying small positions in spot trading. We don’t aim to get rich overnight; steady and sure wins the race in the end!
Now, let’s talk about Ethereum (ETH). It has been dancing to the rhythm of Bitcoin and is currently expected to fluctuate in the range of 3100 to 3700.
If one day the price of Ethereum drops to around 3000, that would be a rare opportunity for us to jump in. We must seize it, as it might just put us on the fast track to wealth! But remember, always stay calm and don’t let the market cloud your judgment.