Can ETH rise, is there still a season for altcoins?
ETH: The lowest point yesterday was 3051, the highest point was 3288, with a fluctuation of 176 and an amplitude of 5.8%.
Ethereum is currently at 3155, last night it just reached the 3050 support I mentioned before starting to rebound. The current K-line trend of Ethereum is not very good, mostly due to the rise of the SOL chain and SUI chain, which has diluted the liquidity originally in the ETH ecosystem by more than half. Moreover, under the ugly face of VC projects, the demand for Ethereum is far less than in the first half of this year!
Ethereum is currently at a low point this year. If you want to enter the market, as long as it does not fall below 3000, you can consider going long! (Watch the market in real-time)
The divergence in the market has reached its most intense moment.
Bulls like me have been insisting on the arrival of the altcoin season. Observing the gainers list, the ones doing well these days are new faces, mostly old coins, which is a positive signal for the bulls. On the other hand, bears not only believe that Ethereum will not rise but have also started calling the end of the bull market today.
Such divergence is a scene that can be seen in every cycle. Objectively speaking, the greater the divergence, the better. The market rises in ___ and falls in ___!
Many traders have been silent for half a year, enjoying the fat profits during the New Year. Yesterday it was XTZ/HBAR, who will it be today? In the end, it will be evenly distributed!
These days, I am preparing for the launch of a divine order that is about to start!!!
Comment 168 to get on board!!!
Impermanence brings impermanence brings impermanence brings!!!
Important things must be said three times!!!
