The sharp declines in BTC and ETH for two consecutive days look to me like the beginning of a bear market, not a bull market at all
As someone in the cryptocurrency industry, this isn’t what I want to see either, but we still need to analyze things calmly
The sentiment is there, and the setup is there; this cycle hasn’t seen a black swan yet
Compared with the peak, although the last drop to 60k was already substantial, it still falls short compared with previous cycles
I feel a bigger drop is still coming
First, watch for BTC to fall below 70k and ETH below 1,800
#美国10月CPI全面超预期
As someone in the cryptocurrency industry, this isn’t what I want to see either, but we still need to analyze things calmly
The sentiment is there, and the setup is there; this cycle hasn’t seen a black swan yet
Compared with the peak, although the last drop to 60k was already substantial, it still falls short compared with previous cycles
I feel a bigger drop is still coming
First, watch for BTC to fall below 70k and ETH below 1,800
#美国10月CPI全面超预期










