$ETHFI I feel that it could have stopped falling today and slightly increased by a few points, but it was brought down by Bitcoin, which caused another wave of selling. The collapse of the market added to the arrogance of the air force, and the number of short sellers increased, which brought the price down again.

However, no one can see through the market. Maybe Bitcoin will fall again tomorrow, and this will definitely fall. If Bitcoin stabilizes or rises tomorrow, it can recover a wave of blood. As for the new high or breaking 10 yuan, I think 5 conditions can be triggered:

1: When the unlocking quantity is reached, the dealer will raise it significantly.

2: Ethereum ETF is approved for listing.

3: Bitcoin breaks through a new high to 80,000.

4: Ethereum rises to 4,000.

5. The United States cuts interest rates significantly, and hot money flows into the currency circle.

Any of the above 5 conditions may rise to a new high and have a chance to break through 10 yuan.

In the short term, market sentiment is still relatively panic, and selling occurs in large quantities every day, and some people quietly buy a large amount of layout.

Personal opinion, welcome to communicate.