BTC has adjusted more than 10% for over 8 days; ETH has adjusted by 15%. If it's in ABC mode, I think the A wave's fall is either nearing the end (for example, another drop of 2-3%) or has already come out.
Bought a bit at 11.2w and 4240, let's see if this is the end of wave A and the beginning of wave B.
It is indeed quite difficult to catch the bottom on the left side, and generally, one cannot go all in; it's better to operate in batches and leave some room. Currently, both eth and bnb are outperforming btc.
If the decline starting from 124,000 is in the ABC pattern, then each segment of the decline and rebound should last for 1 week or even longer. There is also the central bank annual meeting speech tonight, which may bring more variables.
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BTC has adjusted more than 10% for over 8 days; ETH has adjusted by 15%. If it's in ABC mode, I think the A wave's fall is either nearing the end (for example, another drop of 2-3%) or has already come out.
Bought a bit at 11.2w and 4240, let's see if this is the end of wave A and the beginning of wave B.
It is indeed quite difficult to catch the bottom on the left side, and generally, one cannot go all in; it's better to operate in batches and leave some room. Currently, both eth and bnb are outperforming btc.
If the decline starting from 124,000 is in the ABC pattern, then each segment of the decline and rebound should last for 1 week or even longer. There is also the central bank annual meeting speech tonight, which may bring more variables.