Everyone, take a look at the big picture. This is not investment advice! Please read carefully!!!!!!
$ETH The hexagram says: “Wind comes from fire, family. A gentleman acts with substance in words and perseveres in actions.” Wind is above, fire is below; wind fuels the flames but requires wood to sustain it, symbolizing internal order and the way of perseverance. The market is like the wind, unpredictable and ever-changing. Your principal is like fire; only with patience and steadfastness can it continue to burn brightly. Currently, ETH tells the same story across different timeframes: at the end of a downtrend, a potential reversal or consolidation is brewing, but the direction remains unclear. It creates a sense of panic and hope intertwined, as if “the fall won’t happen.” In the critical zone of 2,000 - 2,200, whenever the price approaches 2,000, the big players use small funds to support the price, creating the illusion of a “bottom,” giving trapped investors hope and reluctance to sell, while encouraging bottom-fishers to enter. When the price rebounds to 2,150 - 2,250, the big players suppress with sell orders, causing the rebound to quickly fade, eroding the bulls’ patience and confidence, forcing them to exit when “there’s no hope of recovery.” The current volatility is merely a “downtrend consolidation platform.” If the price cannot recover 2400, after days or weeks of sideways movement and declining volume, it will eventually break below 1,950 with increased volume, initiating a new downtrend, with targets around 1,800 - 1,700.
Everyone, take a look at the big picture. This is not investment advice!
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.
Everyone, take a look at the big picture. This is not investment advice! Please read carefully!!!!!!
$ETH The hexagram says: “Wind comes from fire, family. A gentleman acts with substance in words and perseveres in actions.” Wind is above, fire is below; wind fuels the flames but requires wood to sustain it, symbolizing internal order and the way of perseverance. The market is like the wind, unpredictable and ever-changing. Your principal is like fire; only with patience and steadfastness can it continue to burn brightly. Currently, ETH tells the same story across different timeframes: at the end of a downtrend, a potential reversal or consolidation is brewing, but the direction remains unclear. It creates a sense of panic and hope intertwined, as if “the fall won’t happen.” In the critical zone of 2,000 - 2,200, whenever the price approaches 2,000, the big players use small funds to support the price, creating the illusion of a “bottom,” giving trapped investors hope and reluctance to sell, while encouraging bottom-fishers to enter. When the price rebounds to 2,150 - 2,250, the big players suppress with sell orders, causing the rebound to quickly fade, eroding the bulls’ patience and confidence, forcing them to exit when “there’s no hope of recovery.” The current volatility is merely a “downtrend consolidation platform.” If the price cannot recover 2400, after days or weeks of sideways movement and declining volume, it will eventually break below 1,950 with increased volume, initiating a new downtrend, with targets around 1,800 - 1,700.
Everyone, take a look at the big picture. This is not investment advice!