Ethereum's outlook for next month still suggests a decline. If it doesn't break below 2000, there's no bottom yet. So friends looking to buy the dip should be extra cautious! In summary, especially in Asia and China, large capital and institutions haven't cut their positions and exited before the 4000 level, so this bottom won't be seen! Currently, the market is staying within a narrow range, aiming to attract those caught in positions to add more, then drop over 1000 points to trigger liquidations. Only then will it be the bottom!
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.
2 Likes
Reward
2
4
Repost
Share
Comment
0/400
Long-shortEquityStrategyMaster
· 4h ago
The rebound continues to short, sending ETH to the west, rush rush rush rush rush rush rush rush rush rush rush rush
Ethereum's outlook for next month still suggests a decline. If it doesn't break below 2000, there's no bottom yet. So friends looking to buy the dip should be extra cautious! In summary, especially in Asia and China, large capital and institutions haven't cut their positions and exited before the 4000 level, so this bottom won't be seen! Currently, the market is staying within a narrow range, aiming to attract those caught in positions to add more, then drop over 1000 points to trigger liquidations. Only then will it be the bottom!