#bnb创历史新高
$ETH $BTC I think I understand why there hasn't been a pump
Hello everyone, I am Brother Yi. For the past few days, I have been reminding everyone to be cautious of the risks of malicious pump-and-dump schemes. In fact, the bulls are having a hard time too.
Today, Ethereum rose to around 3710, which triggered some short positions, making us rethink where it would be safe to enter short positions.
Right now, it seems that the movements of Bitcoin and Ethereum are somewhat divergent. Ethereum appears to be lagging behind Bitcoin; sometimes it rises first before it dips. The key point is that Bitcoin is already at 9960, while Ethereum hasn't even reached a new high yet.
Next, we need to keep an eye on Ethereum at the levels of 3730 and 3750; if it reaches these price points, we can consider entering some short positions. I estimate that Ethereum is very likely to drop below 3000 this month, possibly sliding all the way down to 2200.