BTC fell below 109K, ETH tested 3900, is the market's "autumn pants moment" here?
Brothers, BTC has suddenly pierced through $109,000, and ETH has followed suit, dropping below $3,900. The whole market feels like it suddenly turned on the air conditioning, and anyone not wearing long underwear is shivering in an instant. Don’t panic; this isn’t the "crypto apocalypse"; it’s more like someone suddenly added a bit of cold water to your bath, startling you but not enough to catch a cold. The market logic is actually very straightforward: high-leverage funds have been kicked off the ship by the market, resulting in a chorus of liquidation cries, while what remains are the "real old sailors." In other words, the current market situation is more like a precise liposuction of the bubble; those who are real fat and those who are just bloated with water will be revealed when the market drops. I personally think that this round of pullback has instead provided off-market funds with a "bottom-fishing coupon". Those who dare to get on board may be the ones who benefit in the future. As for the short term? Bro, less anxiety over candlestick charts, more patience. Because the market is just being a bit naughty, perhaps it's only to build up strength for the next surge.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#打榜优质内容
BTC fell below 109K, ETH tested 3900, is the market's "autumn pants moment" here?
Brothers, BTC has suddenly pierced through $109,000, and ETH has followed suit, dropping below $3,900. The whole market feels like it suddenly turned on the air conditioning, and anyone not wearing long underwear is shivering in an instant. Don’t panic; this isn’t the "crypto apocalypse"; it’s more like someone suddenly added a bit of cold water to your bath, startling you but not enough to catch a cold.
The market logic is actually very straightforward: high-leverage funds have been kicked off the ship by the market, resulting in a chorus of liquidation cries, while what remains are the "real old sailors." In other words, the current market situation is more like a precise liposuction of the bubble; those who are real fat and those who are just bloated with water will be revealed when the market drops.
I personally think that this round of pullback has instead provided off-market funds with a "bottom-fishing coupon". Those who dare to get on board may be the ones who benefit in the future. As for the short term? Bro, less anxiety over candlestick charts, more patience. Because the market is just being a bit naughty, perhaps it's only to build up strength for the next surge.