The large coin has basically stabilized above 100,000.
It is very difficult to see a significant drop or a deep squat.
Recently, the large coin has been catching up, while Ethereum remains still or even drops. Has the capital really been absorbed by the large coin?
As mentioned earlier, the secondary market has not yet flowed back into the primary market. You can quietly position in the primary market with a small amount, as Jiu Ling has been observing the Ethereum chain for a long time.
Currently, if Ethereum wants to catch up strongly with the large coin, it depends on whether the altcoins pull Ethereum or Ethereum pulls the altcoins up. Many altcoins are still crawling at the bottom without moving, and Jiu Ling knows that many shorts on Ethereum are still heavily trapped.
For Ethereum, as I mentioned, it's a "critical zone"—can the 3700 mark turn things around for you? Because Ethereum has also been madly accumulating at the 3700-3800 position.
So everyone, please don’t rush. The futures market has never believed your tears, after all, you are all investing real money into this market. Perhaps it will give you some unspeakable secrets later.