Ethereum has fallen so much, much more than Bitcoin
Market rumors say that it was Jump, the Ethereum whale, that caused the crash
Jump is the second largest Ethereum address
Unlike Grayscale's dispersed holdings, Jump is an independent institution that holds millions of Ethereum spot.
When Ethereum rose to 4,000, Jump was the largest profit-taking institution
Now that Ethereum has plummeted, Jump is the largest single institution that has crashed the market
There is no economic recession, nor is it a black swan. The Japanese and Korean stock markets were wrongly killed and violently rebounded. The Japanese stock market saw the largest drop in history the day before yesterday
Yesterday morning, it saw the largest increase, and the Japanese stock market has risen by 10%
The day before yesterday, the long orders exploded by 7 billion, setting a record for this year
Yesterday, the short orders exploded by 2 billion, also setting a record for this year
In the past six months, 57,000 was the major support position for Bitcoin. Yesterday, it plummeted and broke through, and the support of 57,000 became a pressure position
Still looking at the 49000-57000 fluctuation, and playing around with the economic recession. Since the topic of economic recession can make the financial market so volatile, it will be fun to continue the real and fake recession and the surge and plunge back and forth.
Find the high and low points of the market range, and be patient to find trading opportunities
According to historical experience, there will be 2-3 times in the future (low points of 51000-53000)
There will also be 3 times (high points of 55000-56000-57000 back and forth)
