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Event ends: August 9, 16:00 UTC
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Short-term market exhaustion. Continuously testing the 60,000 support level. Last Friday, the Fed released hawkish remarks. BTC plunged to a short-term strong support level. Market sentiment is in panic. ETH whales continue to sell. Altcoins continue to fall. BTC whales hold their coins. In my opinion, the short-term focus of the market remains on the 60,000 level. In spot trading, it is preferable to choose some strong coins with hot backgrounds. Do not pursue 100x coins and the like. Regardless of the rise or fall of non-farm payrolls this Wednesday, it is recommended to buy. Panic is caused by not having a plan in place for buying at high positions. Cherish every opportunity to overtake on the bend.