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Market sentiment 4, in the low valuation range;
This wave of Bitcoin fell back to Fibonacci 61.8%, and then went out of a new downward channel, with support below 57000 and resistance above 62500; Ethereum's support below 2700-2800, and resistance above 3050; Link around 10 may be an opportunity; the market has been very bad recently, you can choose to improve yourself, either direction is fine; diverting attention may be a good choice. 🤔
This wave of altcoins is very similar to that of 2019. Taking ada as an example, the first wave fell 90%, then rebounded several times, and then fell 80%. With the advent of the bull market, there was a sharp rise; looking at the cycle, 2017 and 2021 are big bull markets, so this wave may be 25 years; the only difference is the trend of Bitcoin, which hit a new high in March in advance, and then fluctuated at a high level, without much decline. I don’t know if it will fall later. ⚠️
History will not repeat itself, but it will be surprisingly similar, so I will wait patiently. There are two waves of market in a year. There should be a wave of rising trends in the second half of the year. It has been falling for 5 consecutive months. It feels like it will explode soon! 🚀🚀🚀
Taoist stone ytterbium seal, the new treasure of Bitcoin ecology!💰💰💰
