Another waterfall in the late session, with many altcoins directly breaking through support levels. Just after short-term bulls shouted "now is the time to buy the dip," the leading coins took another big dive—funds that were positioned yesterday got wiped out today, a classic bull-trapping scenario!

This is already the third day of panic. If the market still can't stabilize tomorrow, today's trapped positions could become new selling pressure, leading to an even more severe stampede. But don't be too pessimistic—there's a technical detail worth noting: ETH closed with a bullish candlestick and significant volume today!

According to the "fill the gap first, rebound first" rule of thumb, tomorrow should see the broader market take the lead in rallying, and BTC's gains may even surpass ETH's. So the strategy is simple: as long as there's a lower open tomorrow, don't rush to cut losses—the odds are high for a strong bullish candle, ushering in a broad-based recovery.