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$ETH
Many people say to short now, the bear market is coming! The bulls are all fools. A friend commented something very valuable, let me share it with my brothers.
It's not just about Ethereum or Bitcoin; it applies to all cryptocurrencies.
The downward trend in September is not only happening this year, but did we enter a bear market last year? I don't think so.
If we don't enter a bear market, then the rise of Ethereum is only a matter of time. I feel that it may consolidate or rebound in the near future.
Because Ethereum has pulled back too sharply, from over 4900 to now over 3800, more than a thousand points. The bulls have been almost slaughtered, and it is very likely that it will now consolidate before rebounding.