Ethereum has been hovering around 2230, is it holding back a big move?


These days, $ETH has been trading sideways within the range, neither rising nor falling significantly, so what should many retail investors holding long and short positions do?
In the next couple of days, with the US stock market closed, it’s expected to continue fluctuating.
After the fluctuation, where will it go?
Personally, Sister Nan’s view is still mainly bullish. Why?
Because on the ETH chain, in the past half month, only the day before saw small outflows, while at other times there have been large inflows.
The price hasn’t stretched at the bottom, so holding long positions at this level offers a much higher cost-performance ratio than short positions.
The direction hasn’t changed, the trend isn’t bad, it’s just a bit slower in rhythm.
We just need to wait and not let the sideways movement wear down our patience.
When the adjustment ends, Ethereum will tell you the answer.
If you can’t see the direction clearly, can’t get the rhythm right, or don’t know what to do when you’re losing money—these problems, Sister Nan will help you analyze one by one in the chat room. #加密市场行情震荡
ETH0,23%
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GateUser-103bc47a
· 5h ago
Buy the dip 😎
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