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11.4 BTC ETH idea
Good afternoon, today the ETH dropped again during the day session, falling all the way to the lowest around 3460. After establishing a lower wick on the 4-hour level, it began to rebound.
The daily level is close to breaking the previous low, and the strength of the intraday rebound is particularly weak. When there are signs of a rebound, it will continue to push down and refresh the lower lows. So for today's market situation,
I suggest it is best to wait until it has completely exited before starting operations on #ETH .
The most stable way is to proceed steadily. If the market does not rebound after the U.S. stock market opens today, and the daily level does not close above, then it is very likely that we will see new lows tomorrow. After all, you need to pay attention to more than just ETH; BTC hasn't fallen much either, and it hasn't even broken the 100,000 mark yet. So please be cautious, especially with short positions, and set stop losses.
Keep the bullets in hand, don't throw away the chips because of emotions. After all, the lower the price, the better it is to operate, and there will be more opportunities. The big pie that has been above 100,000 for so long should be washed. When a whale falls, everything comes to life. If the big pie doesn't drop sharply, what opportunities will other coins have later? Don't you think so? To be honest, this year's ETH has been a bit useless. Let's not even mention the Ethereum Foundation; relying on it is unrealistic. Even selling a little ETH could be considered charity at this point. So market trends are not absolute; take it easy, brothers.