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💥A 25% drop in one week! $ETH New low at 1503, blood-stained chips everywhere, is it a bottom or an abyss?
ETH dropped from 2000 to a new low of 1503, a 25% decline in a week, currently the panic index is at 12, directly falling into the extreme panic zone. Now the whole market is blood-stained chips, is it a buying opportunity or a deeper abyss to keep crashing?
According to news, many whales and major holders are being liquidated one by one, even with unrealized losses of 6 million yuan. ETH won't go to zero, but the shakeout isn't over yet. The real bottom will only come when everyone is desperate.
Guys, don't rush to go all-in on dips now. Light positions for trial and error are okay, but for heavy positions, wait until the liquidation risk is fully released. If you want to follow real-time signals, follow Sister Nuan. Not jumping in early with a knife, and you won't miss the true bottom!