I think of a few words from Fanhua again. After the Great Heat comes the Great Cold. Similarly, after the Great Cold comes the Great Heat. The cycle is like this. Don't be carried away by emotions and open orders without stop loss.
Everyone is wondering why the Shanzhai and Ethereum are so crowded and why the last bull market was so strong. The exchange rate pair may be able to answer
In the last bull market for 20 years, the eth/btc exchange rate pair went up along the trend line and even broke out in the end. In January 2024 this year, the exchange rate pair fell below the upward trend line. After that, it was sluggish and fell. It even fell below the downward trend line and felt further accelerated.
For those who love eth, the bad news is that the exchange rate pair has not stopped falling. The good news is that the concentration area is below. If there is no accident, Ethereum's strong period will not be far away. #加密市场回调 #eth #山寨