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BTC falls below $63,000, ETH loses the $1,800 mark! Old hands are secretly smiling?
June 4th, the crypto market continues to perform a "stress test."
BTC drops below $63,000, ETH hits a low of $1,734, with over $1.1 billion in liquidations across the network in 24 hours. Many longs wake up to find their accounts cooling off faster than the weather.
But interestingly, whenever the market panics, a group of veteran players start to become active.
Because they know that a sharp decline has never been a new thing.
From the trend, BTC has reached a critical support zone, with around $63,000 becoming the battleground for bulls and bears. If it can stabilize, a technical rebound may follow; if it continues to lose ground, it could test the $60,000 psychological level.
After ETH falls below $1,800, short-term sentiment is bearish, but there is still some support around $1,700.
As for trading strategies, going all-in or panic selling and exiting are not the best options.
A reasonable approach might be to stagger positions and control the size of holdings.
After all, the biggest characteristic of a bottom is that no one believes it’s the bottom.
#ETH跌幅超5%