The white plate basically moves sideways without any action. In the evening, it rebounded after testing the upper pressure but quickly fell back down. This rhythm seems very familiar; it might be a trap for the bulls. After all, there aren't enough chips now, and it has been consolidating around 98,000 without any signs of a breakout, which makes people raise their vigilance. High-level sideways movement does not indicate strong bullishness; it just means the chips for enticing the bulls are not in place yet. At any time, a decline is definitely easier than a rise, and I believe many people have deeply experienced this. In the short term, the 100,000 round number is the critical point. As long as there is no breakout and stabilization, continue to try entering short positions; the target remains unchanged, looking for a retracement. The market is mostly counterintuitive, so remember!

On Wednesday evening, continue to reference the short-term high point of 99,500 to short at highs. The shorts in the 98,000-99,000 area can also be held; the target remains unchanged, first looking at 95,000! Regarding Ethereum, the approach remains the same: continue to reference the 3,550 resistance level to short at highs once, with the swing target still looking around 3,200! #比特币市场波动观察 #加密市场盘整

The fundamental reason why altcoins are dropping so sharply is:

Everyone says that when BTC drops a little, altcoins waterfall!!!

The manipulators only sell coins and don't support the market; if you try to buy the dip, they will sell more!! In the past, it wasn't so easy to launch coins in the crypto circle; the manipulators cared a lot about the distribution and concentration of chips and were keen on controlling the market. Now in the crypto circle, just Binance has launched USUAL PENGU CAT VANA ME MOVE ORCA ACX and so on in just one month.

Launching coins is too easy; the manipulators just need to sell, sell, sell. This project is done, just create a PPT and swap it for the next one! Getting a coin listed with resources is as easy as drinking water! Exchanges are also inactive! If they were to enforce market support with a firmer attitude, some project teams would have no choice but to support it!!!

Everything is the result of indulgence and neglect,

Remember the scumbag theory: in the crypto circle, regardless of whether the market is good or bad, just embody the scumbag to the end!

$WIF is sold when it sees green. This coin is useless. 98% of the coins are in the hands of dealers and exchanges. If dealers don't smash the exchanges, they will start smashing them. So there is basically no possibility of rising. The previous rise to 4.8 was due to the exchange and dealers working together to push it up. After seeing the leeks enter, they started to post articles about how awesome the coin is and how it will rise to dozens of U in the future. After being washed away by these words, the leeks began to enter the market, and then the dealers and exchanges began to sell to each other and share the money. If you want to return to 4.8 at that time, it is basically 0

$BTC $ETH This market is really difficult, no matter how I play it feels awkward, I'm feeling hopeless!

$WIF really hasn't rebounded at all!