This wave of market sentiment is quite heartbreaking. Bitcoin's trend has already become quite ugly, especially as the liquidity crunch becomes more and more apparent, and the power of the bears is fully unleashed. I personally predict another downward test is coming, so don't rush to buy the dip; you need to keep your hands in check.



Ethereum is also moving down in sync, but what's even more heartbreaking at this moment is the serious divergence in funds. The money in the market is betting, and no one can predict the next move. The extreme support below still needs to be watched closely at the 2850-2880 range, and the probability of testing lower seems to be increasing.

From various signs, the crypto market may be entering a new long-term downtrend cycle. Bitcoin's price pressure could last for several months.

So, how to operate? If it rebounds to around 89,000-89,500, consider setting up short positions, but the premise is to control risk.
BTC0.76%
ETH1.98%
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ForkTonguevip
· 8h ago
Starting to tell people not to buy the dip again, but every time I say that, I still end up getting caught.
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gas_fee_traumavip
· 8h ago
I'm really fooled by this wave of market movement; each position in my hands looks worse than the last. Another dip? I knew it would happen, I should have closed all my positions long ago. Rebound above 8900 and now you're talking about shorting? Easy to say, but I think there's a high chance I'll get caught again. This time, liquidity has truly dried up; it feels like no one dares to take the other side. Wait a minute, can Ethereum still break below 2850? How should I set my stop-loss?
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GamefiEscapeArtistvip
· 8h ago
Starting to advise others to buy the dip again, but I'm still waiting for a rebound to short. The logic... Really, this round feels like everyone is betting on the next move, no one knows the real situation. Can't hold on anymore, brother. If there's a real rebound around 89,000, I'll just sell and run. Will it drop for a few more months? Forget it, I'll go to sleep first. When I wake up, it might be a new story. Anyway, I can't control the risk, so let's all go down together. Is 2850 really the bottom? Feels like I've heard that line too many times.
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RugpullAlertOfficervip
· 8h ago
Hmm... This wave is indeed tough, I also think it will fall further. Don't rush to buy in, everyone. --- That rebound at 89000 really needs to hold, or it will be even more painful next. --- That's what happens when liquidity dries up; all the funds have left. --- 2850 is really a hurdle; if it breaks, we’ll have to recalculate. --- A few months of a bear market? Then I need to really control the coins I hold. --- Honestly, no one dares to move now; let's wait for the rebound. --- I agree with the phrase "manage risk," don't completely wipe out your positions. --- The bears are so fierce, the bottom hasn't been seen yet.
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