#plasma $XPL
BTC has plummeted again? What do we think this time? Yesterday it was correct; the article said it would drop to 58000, just 2000 dollars short. Today, let's analyze again.
I feel this is the short-term bottom; this position will repeatedly test and confirm the short-term bottom, then after the Spring Festival, there will be a rebound.
Why do I say this? Let's analyze with the following data:
1. The Fear and Greed Index has already reached 5, as shown in the picture.
2. The 200-week line is about to reach around 58000, as shown in the picture.
3. Major mining machines have already reached shut-down prices, as shown in the picture.
Only two models of Ant miners have not yet reached my predicted shut-down price; it is highly likely that it will drop below 50000 next year, as shown in the picture.
Today, let's continue discussing the XPL coin; we can temporarily ignore the price and wait for the bull market to start.
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