Currently, Bitcoin and ETH are: declining with increased volume, and rebounding with decreased volume!
This is a typical bearish market structure!
The main reason for this phenomenon is that a large amount of capital is actively selling, including long stop-losses/forced liquidations, big players selling, and trapped positions being unwound—all essentially capital fleeing the market.
The rebound with decreased volume is mainly short covering, small-scale bottom fishing, and technical repairs, but no large funds are entering.
It can be said that currently, declining with increased volume = genuine selling; rebounding with decreased volume = false reversal;
Bitcoin is likely to once again start with 5, and ETH will probably reach the 1450–1500 range.
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Currently, Bitcoin and ETH are: declining with increased volume, and rebounding with decreased volume!
This is a typical bearish market structure!
The main reason for this phenomenon is that a large amount of capital is actively selling, including long stop-losses/forced liquidations, big players selling, and trapped positions being unwound—all essentially capital fleeing the market.
The rebound with decreased volume is mainly short covering, small-scale bottom fishing, and technical repairs, but no large funds are entering.
It can be said that currently, declining with increased volume = genuine selling; rebounding with decreased volume = false reversal;
Bitcoin is likely to once again start with 5, and ETH will probably reach the 1450–1500 range.