11.14
This is a weak rebound in a weekly-level B wave 🌊, very similar to the previous cycle. I just mentioned this during my livestream: this week's weekly trading volume is on par with the past few weeks, but the sell-off is steeper, indicating that bulls have less ability to absorb the selling. In plain terms, retail investors don't dare go long anymore, so an adjustment is needed.
The gradual sell-off here is very similar to the previous cycle's 5w7 pattern. After holding above 65000, the price may rebound to the 66000–68000 range, a 3,000-point fluctuation. If going long here, I’d recommend a short-term long, while guarding against a C-wave sell-off. This is just an area to rebuild bullish positions. Be careful, be careful, and be extra careful!
Getting stuck in the mire and going astray are all part of life. If you got this trade wrong, you should regain your confidence. There’s no dead end for a warrior, while cowards see cliffs everywhere $BTC $ETH #Dr.Han牛津辩论社演讲

📉 ETH briefly fell below $2,000—is it really time to find a new bottom?
BTC continued to weaken, and ETH also failed to hold $2,000, briefly dipping to around $1,983.
ETH has faced considerable pressure recently. 👀
💰 ETF outflows, institutional buying still needs to recover
📊 Inflationary pressures persist, and sentiment toward risk assets remains cautious
⚡ Leveraged liquidations intensify, further amplifying short-term volatility
Bulls and bears are divided again: some believe the area around $2,000 is worth watching, while others worry that funds have yet to flow back in and the downtrend is not over.
If ETH climbs back above $2,000, would you consider the rebound to have begun, or would you need more signals to confirm?
Bring #ETH一度跌破2000美元 to Gate Square to share your position changes, market views, or trading strategies.
💬 Would you look for opportunities in stages, or wait until ETH truly stabilizes before taking action?