Why does Ethereum fluctuate up and down? Is there still a big feast ahead?
The answer is that there will definitely be a big feast ahead; the best is yet to come. I believe the current drop is due to the key resistance level of 4100; this tough nut hasn't been cracked yet. Once 4100 is broken, the bulls will charge ahead without hesitation. This breakthrough of 4100 is almost certain because Ethereum has the Prague upgrade scheduled for March next year, and during this time, Ethereum has also started staking. All of this is to prepare for a rally, you understand, typically a rally happens before an upgrade, and when the dust settles, a drop is inevitable.
So always remember this truth: buy when no one is paying attention, sell when the crowd is roaring. A drop is an opportunity for you to average down, especially in spot trading, because next year you will not see Ethereum below 4000. Recent market operations have not been ideal; consult btc0796 to find me and discuss the market together.
Ethereum rebound: 102000-103000 short, target 100000-98000, break level watch 96000, defend 106000
Ethereum rebound: 3900-3940 short, target 3800-3700, break level 3680, defend 3980
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