The monthly chart of Ethereum shows that it has bounced back from the important neckline after breaking through the lower fluctuation zone for three consecutive months.
The lows are gradually rising, which indicates that the bullish strength is gradually increasing.
The fact that it has not dropped back into the lower fluctuation zone for three consecutive times is enough to demonstrate the importance of this "neckline."
Although Ethereum's overall increase compared to Bitcoin has not been as significant, this is not important.
What matters is that the bull market is still ongoing; as long as the bull market continues, the ultimate result will be the true gains for everyone.
One rises first, and the other follows. Now that Bitcoin has risen, I see many people regretting not buying Bitcoin.
What is there to regret? Isn't it good that Bitcoin has risen? It shows that the bull market is very healthy.
Investing is essentially about the future. With Bitcoin's rise, there isn't much room left, and opportunities are limited, so choose something else; isn't this opportunity obvious???
With the monthly analysis done, the overall direction is clear, so there's no need for anxiety.
However, retail investors rarely pay attention to the overall direction, or they don't understand how to judge the overall direction.
Every day they get tangled up in 15 minutes, 1 hour, daily charts, seeing the market rise and rise and rise, but when it drops a few times, they start to panic.
