Trader Eugene: BTC’s next support level is at $85,000, and panic is beginning to appear in the market
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2025-01-10 09:02 5,392
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Golden Finance reported that trader Eugene Ng Ah Sio posted on social media, “This is when most people start to panic, for the following reasons:
BTC, ETH, and SOL are retesting the December 5 range lows, and the market is beginning to accept that these support levels may not hold.
·The next support level for BTC is at $85,000, which is very far away.
·People's psychological dependence on the "January Bull Market" began to weaken, and most people realized that their unsold assets had gone through a complete cycle of ups and downs, began to suffer losses, and then found that they not only gave up their profits completely , and also found that when the market fell sharply, he no longer liked the currency he held so much. "