$INJ is finally getting better, with a nearly +40% increase in a week!
The market has warmed up in recent days, and the market sentiment is very high. Most people's accounts have also recovered. The magnitude of this round of increase is also beyond my expectations. As a spot player, I am definitely a bullish mindset and hope that it can continue to rise, but combined with the current market situation, I think there is a need for a pullback or sideways consolidation. Most of the underlying indicators are currently at a relatively high level and have entered the overbought area in the short term. These indicators need to be repaired. Combined with the expectation of Ethereum ETF opening trading, the sentiment of the entire market is indeed very good. As for how long this sentiment can last, I think there will be results after Ethereum ETF opens trading. I personally think that the inflow of funds into Ethereum ETF should be much smaller than the inflow of funds into Bitcoin ETF at that time. After all, the big cake is the real global consensus! Only a rise accompanied by a pullback and sufficient turnover is healthy, so my suggestion is that long-term investment does not need to be moved, and short-term investment can be stopped in batches. Buying coins when the market is good is very dangerous, and it is easy to hang on the top of the mountain.
Although I am currently in a situation where my portfolio is almost fully invested, I will switch positions for some stocks that have not risen much. In this market, if the main players are not doing anything, why should I keep them?