The panic index has reached its lowest point since October

After half a month of consolidation and shaking out, ETH's trading volume has fallen to its lowest point since Trump's election, and even coinglass's panic index has reached its lowest value since October. Especially after continuously creating false signals, this wave of consolidation is nearing its end.

In recent days, Ethereum has repeatedly created false signals and shaken out traders, with two main goals. The first is to wash out chips through severe fluctuations, and the second is to test the market. To test the loyalty of the remaining chips, so that they don't all run away when the market rallies. The final result is reflected in the sharp decline in trading volume of chips.