Bitcoin and Ethereum have reached this level, and it is already in a "bear market" state.

Currently, there really isn't much discussion in the market about this being a bull market, so hold steady!

More discussions are leaning towards caution and a bearish outlook.

From a technical perspective right now,

Bitcoin at $98,000 and Ethereum at $3,400 means the probability of this rebound reaching those highs has risen to over 60%.

So, if you ask me what positions I currently hold,

I can only say

I have cash 🈳 and I'm doing contracts 🈳 in the middle.

It's clear that I am extremely bearish 🈳️.

When most people see the resistance zone above $100,000 for a rebound,

the price either doesn't reach it or goes far beyond it.

And the altcoins are really suffering, they have already 📉 plummeted…

Only a very few altcoins have rebounded to new highs.

More often, the decline of Bitcoin and Ethereum has caused them to hit new lows…

So, why are you still holding onto altcoins and expecting them to go up?

This needs some serious reflection…

Summary:

Don't buy altcoins, stay in cash and wait for a strong move at the end of the second quarter!

btc

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