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No time for nonsense, all crypto friends please pay attention: Bitcoin and Ethereum during the European trading session have taken a ruthless step. What happened? No need to beat around the bush, here are the key points:
1. Bitcoin and Ethereum during the European trading session surged again in a straight line. Many friends who were shorting are left confused. Previously, Brother Xing also emphasized that in this kind of trend, it’s not a good idea to short, and if you do, keep it light.
2. The lows are always caused by various negative news. When everyone in the market is pessimistic, it often creates the opportunity for a new rebound. See, it’s happening now~
3. After the previous sharp decline, a correction is part of the downward process. That is to say, don’t panic if you hold short positions; proper adjustments are preparing for the upcoming big drop!