Rebound is weak, so just decisively go long on Kong!



$ETH
This morning, clear signals to buy in the 1820-1840 range, now the first target of 1750 is within reach, the market is moving perfectly according to the script.

I've said before that this wave is only a rebound, not a reversal. The overhead trapped longs and selling pressure are mountain-high, and the rally supported solely by short covering has no momentum.

Even ETF inflows are mainly arbitrage positions, with no substantial increase in spot market volume, so it's inevitable that the rebound won't hold.

When the market weakens, don't hesitate; act when it's time to act #美伊14点备忘录曝光
ETH-1.49%
View Original
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
  • Pinned