After this decline, I still expect to see a local rebound in both Bitcoin and Ethereum in the near future.
The market has come under significant selling pressure, and a large amount of liquidity has been withdrawn. I now believe all the conditions are in place for at least a short-term recovery.
However, my overall view remains unchanged. I see no reason to talk about a full market reversal. Rather, I believe the expected growth will be a corrective move after a sharp decline. $BTC $ETH #BTC #ETFvsBTC
BTC: around 77.5 thousand US dollars ETH: around 2.3 thousand US dollars
Certainly, the situation is unpleasant. Fortunately, we weren’t involved in any trades, but the increase that occurred wasn’t enough to keep the price above 80 thousand US dollars.
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