Bitcoin and Ethereum smashed the market, hot coins plummeted, and the currency circle is going to die again?

Bitcoin crashed during the day yesterday. After looking at it, it is still following gold.

On the k-line of Dabing, the above-mentioned pressure level around $11117 has also not broken through.

So for now, the previous shock range still has a certain reference value.

That is, the position between $9,800 and $10,500.

I personally tend to continue to return to this range for shocks here.

In addition to the big pie, Ether belongs to the currency that collapsed more in the mainstream yesterday.

The most critical position for ether below is the support level near $309.

If it is broken here, it will be very ugly in shape.

Of course, even if this is the case, compared to Dabing and other mainstreams, Ethereum is still the best one to go.

And in this situation where the first and second leaders have plummeted one after another, the hot coins must be more injured.

For example, uni is directly cut in half here, so it is more likely to become like Polkadot in the future.

And if you want to empty uni, I think you can try it after looking at the rebound height here.

Generally speaking, the current trend of the currency circle is not ideal. There are too many following gold and US stocks, and there is no independent market of its own.

In the case that this follow-through has not been broken, it is more difficult to reproduce the previous bull market.

But again, this can also be seen as a sign of the arrival of big bulls, so the linkage between pancakes and gold in the future needs continuous attention.