Don't sleep too deeply tonight, Ethereum is about to reach a critical turning point!!!$ETH



Is this midday surge a false breakout or a reversal signal???

Take a minute to listen to Sister Qian's advice, you will definitely be surprised😁😁

To start with the conclusion: my view leans more towards short-term bearish waves

This surge is entirely driven by short-term positive news, with obvious resistance above 2350, leaving little room for bulls

From on-chain ETF data, there are clear signs of large outflows, and the current high-level oscillation is obviously an opportunity for bears to jump in

Many people in the market are probably waiting for Old Bao's speech tonight. I'll say it upfront, there's likely not much positive news, and he might even dampen the mood. The crypto market is already weak and can't withstand even a slight breeze.

I have just one sentence: there is still a chance for the bulls to turn around, don't wait until the trend is clear to pat yourself on the back#加密市场小幅下跌
ETH-0.47%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments