#ETH🔥🔥🔥🔥 ’s recent trend is quite dramatic.

The recent performance of Ethereum (#ETH🔥🔥🔥🔥 ) is very interesting. After Trump was elected, ETH rose by 40%, but this wave of gains was more like a process of attracting funds and building positions than a typical pull-up market. Why do you say that? Pulling the market is usually accompanied by a big positive line. Several K lines directly release huge amounts, and the upward trend is very obvious. But this time the 40% rise was mostly caused by the superposition of small positive lines, and the trading volume was relatively even, giving the impression that the market did not want others to take away chips.

Combined with the continuous inflow of BlackRock's #ETF✅ at the time, this rise was likely due to Wall Street bosses quietly building positions.

Subsequently, ETH experienced a correction of about 10%, and the trading volume also dropped significantly. It was close to the support of $3,000 many times, but it never fell below. Especially when the volume fell this morning, US$3,000 was still strong. This wave of adjustments is likely to be a market washout.

From a technical point of view, today's callback is likely to be the last washout of Ethereum, and the chips have been washed away. Next, there should be a real increase in volume, and there may be a big positive line leading the rise.

Therefore, the next strategy is to wait patiently for the increase in volume of #ETH🔥🔥🔥🔥 , and also look forward to the arrival of #山寨币季节 !