Bitcoin plummets, when will the bull market come? ? ? ?

This morning, the price dropped 2,000 points from 57,000 to 55,000. The daily support level has been broken, and even the previous low of 56,000 has been broken. It is expected to fall by another box to around 47,000. Although there is a bullish pattern, it is believed that it will take a sloping downward channel, but it is not recommended to do so at present. Just observe whether the horizontal support level is broken. From the daily line, there is no sign of rebound. It has fallen by 13% in four days. It should rebound in the next two days. If there is no rebound, don't go long, up to 54,000. The large-scale trend line support of Ethereum's daily line has also been broken. It has fallen from 2920 to below 3,000. It may support it before the end of this week. Bitcoin is concerned about whether the box is broken, and you can consider shorting. The liquidation map shows that both long and short sides have blown up, with more shorts above, and the stop loss for longs is 54,700. I went long at the bottom before, but now there is a big negative line. I should be cautious about going long before there is a positive line. Ethereum's technical support level may play a supporting or oscillating role, but the trend line was directly broken, so I am not sure. It still depends on whether Bitcoin's low point is broken. Wait for the positive line to rebound before buying the bottom. The interest rate cut cycle is very important for the future market. The bull market may start after one or two interest rate cuts. #币安合约锦标赛 #非农就业数据即将公布 #比特币超话 #以太坊超话 $BTC $ETH