I didn't post on the weekend. I was stuck in the spot market and I was in no mood. In general, the main reason for this plunge was that the non-agricultural data last Friday triggered the Sam's rule. The market was worried about the economic recession. Not to mention those of you who are new or have only been in the circle for a few years, I, an old leek, was also worried. The bearish sentiment and the poor liquidity on the weekend caused a stampede and a vicious cycle. There were also large-scale selling behaviors by some market makers and institutions, including JUMP's large-scale selling of $ETH .
In this case, it is not recommended that you blindly buy the bottom on the left side, but wait for the right side to stabilize before doing it. You can wait for the three-day line to close above 55,000 or wait for the bottom support of 50,000-52,000 or even 46,000 to be confirmed.
