11.24 Ethereum Market Reminder
A large number of retail investors believe that Ethereum can rebound to 5000, or even 6000. To be honest, "the probability of reaching 500 or 600 is still greater than that of reaching 5000." Ethereum is only around 3500, and the market's greed index for this cryptocurrency has reached 98, close to the panic index of 100, just 2 points away. The long position data is even more astonishing at 96%.
Don't expect Ethereum to rise in accordance with Bitcoin's high point or fall in accordance with Bitcoin's low point; the probability of that happening is quite large.
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