Is the market heading down all the way?


The market has been continuously falling from the high point around 65,500,
dropping all the way to the 62,000 range.
After consecutive declines, the support zone below has been reached,
and the short-term downward momentum has been almost exhausted.
A recovery rebound is likely to start soon,
everyone can seize this rebound window to go long and position for the upward potential brought by the bounce.
Today in the morning, the long positions I followed up with could only regretfully be stopped out,
and I also emphasized to everyone to keep a close eye on the key support at 63,700.
Once this support is broken, the downward trend will continue,
and the current market trend fully confirms this prediction.
Going forward, we will still follow the market rhythm step by step,
waiting for a sign of stabilization at low levels before gradually adding long positions,
to grasp this round of recovery and rebound trend.

Bitcoin around 62,000, target 65,500 #SK海力士市值登顶韩股
Ethereum around 1650, target 1750
BTC-2.42%
ETH-3.12%
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