Trader Eugene: BTC, ETH and SOL are retesting the range lows of December 5, and the market is beginning to panic

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 5th range low, and the market is starting to accept the fact that these support levels may not hold.

· BTC's next support level is at $85,000, which is very far away.

· People's psychological dependence on the "January bull market" is starting to weaken, and most people realize that the assets they have not sold in their hands have gone through a complete cycle of ups and downs, beginning to bear losses, and then discovering that they not only completely gave back their profits but also found that they no longer like the coins they hold in the market's sharp decline."