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 re-testing the December 5 range lows, and the market is beginning to accept the fact 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 wane, and most people realized that their unsold assets had gone through a complete cycle of ups and downs, began to suffer losses, and found that not only did they give up their profits completely, but they also found that they did not like their coins so much when the market fell sharply. "