According to BlockBeats, on January 10th, top trader Eugene Ng Ah Sio posted on social media that "this is when most people start panicking, for the following reasons:
·BTC, ETH, and SOL are retesting the December 5th range low, and the market is beginning to accept the fact that these support levels may not be held· The next support level for BTC is at $85000, which is very far away· People's psychological dependence on the "January bull market" is beginning to weaken, and most people realize that their unsold assets have gone through a complete cycle of ups and downs, starting to bear losses. They then realize that they not only completely give up their profits, but also realize that they no longer like the currency they hold when the market falls sharply
