Just mentioned this afternoon that Bitcoin still has a drop to go, hitting 88,000-89,000 USD! (As shown in the image
It's coming, and it seems they won't stop until retail investors are too scared to buy the dip!
So let's calculate and predict, how much will ETH and altcoins drop?
If Bitcoin drops to 88,000, then the highest drop this round is 14%; ETH's maximum drop should be around 15-20%, meaning the low point this round could be 2,900-3,000 USD (just right at the weekly support level), and if it drops another 5 points, it will be around 2,800;
Other altcoins will all be calculated with a drop of 30-50%,
For example, mainstream coins will drop around 30%, such as: DOGE dropping to 0.27, SOL dropping to 156, PEPE dropping to 0.0000156, FIL dropping to 4.41, ICP dropping to 8.9;
For coins that are in an upward trend or have strong market support like: SUI dropping to 4.2, BNB dropping to 600, XRP dropping to 2 USD, may only have a drop of about 20%;
New altcoins like WLD, ACT, USUAL, PUNT, PENGU, MOVE, BIO may need to be estimated towards a halving position, and it’s possible to estimate as much as possible, but it’s better to buy the dip based on the situation, there's no need to wait for the lowest point; those who buy at the lowest point are one in ten thousand!
Finally, I sincerely hope: I hope this prediction is wrong this time!
Because if it drops like this, market confidence will need some time to recover, and the bull market and altcoin season may also be delayed!
So it's time for the bulls to make their move! Hands together!