On Friday, non-agricultural data was worse than expected. Except for the dollar index bottoming out and rebounding, global stock markets, gold, silver, and Bitcoin all fell, and the trend was similar.
Yesterday, Bitcoin was also 52,500, and Ethereum was close to the previous low. Except for Ethereum, which fell by 6%, mainstream coins generally did not fall as much as Bitcoin, and many even fell less than Bitcoin's 4%. Only PEOPLE fell by 12%, and the main coins were DOGE and PEPE by 6%. The copycats refused to fall.
Next week, observe the key support of Bitcoin at 50,000, and whether Ethereum will hit a new low. This adjustment is mainly to observe whether there will be a new low.
It is expected that there will be a good opportunity to buy the bottom twice next week. The more it falls, the more it is optimistic.
