ETH
What do you think of Ethereum?
First, Ethereum has been fluctuating for a long time since the last low of 3100, and then it has risen rapidly to 4000
Then it fell from 4000 to 3500 again
This time it returned to 4100 from 3500
Each price drop is higher than the previous price
And each rise is also higher than the previous one
After Ethereum fell from 4100 today, it hovered around the first support level of 3320 on the daily line
This position is also a strong support for the weekly and monthly lines
If a stop plate is formed at this place, then there is bound to be a rebound in the short term
But now, as I shared with the team this morning, it has signs of shrinking volume this morning
If today Stop the disc, or even a node of the recent decline
So this is a close attention for fans of Ethereum who have already held some positions in the early stage. If the disc can be stopped here, then Ethereum will reach 5,000 in our cognition, and it is not impossible to reach 8,000 in the new year
But now in the mid-December, this wave of decline has made the monthly line have a long upper shadow
So the probability of Yin covering Yang in the remaining 10 days is still very low
So what we should pay attention to is 3320's decline again, whether we can accept the forced liquidation of 2700-2800
Because our faith and consensus are
So for Ethereum, I am still quite confident in the future! ! !
