All indicators have failed, and it has stepped back to 52. Let's see if it can hold up here.
If new negative news is generated and it can't hold up, then the next point is 42. If even this key position of Bitcoin's bull and bear is completely broken, then this round of callback is already the 312plus version.
But all the plunges in the crypto market caused by external negative news are actually opportunities. 94, 519, 312, this round of callbacks has been recorded in the history of cryptocurrencies.
In another half a month, there will be 4 months of adjustment time. The worst adjustment period in the bull market is only 3 months. It has exceeded the adjustment time of 519. That is, if you still believe in the bull market, then this is the bottom area.
Even if it is not a bull market, it is now a new round of big bear market. The bear market crash is generally 7 months to the bottom. According to the bear market thinking, it will fall to October or November at most, and then start the market.
Let's survive first, at least there is hope in the future.
If the blockchain keeps falling forever without any rebound or rise, then this industry can also disappear, and everyone will disperse!
There is no market that keeps rising, and conversely, there is no market that keeps falling.