I don't understand why everyone is bullish on Ethereum. When I was bullish on Ethereum. In February, it was only over 2,000. At least I saw 3,600. Looking at my Ethereum model, it is not the time to be bullish on Ethereum now. It has already risen. OK?
Some people say that Ethereum has broken through. Where has it broken through? It has been at this price for so many years.
Why are you bullish on Ethereum? Tell me the logic of bullishness. Is it because the SEC approved the Ethereum ETF? Or has the Ethereum ecosystem started? The performance of the Ethereum bull market is very strong?
The performance of Ethereum in the past two months is like a person who has changed his mind. Every time he suddenly pretends to perform, you think it has changed its mind, but in fact it is still deceiving you.
Have you been deceived enough by Ethereum in this round?
Ethereum is now in a last gasp. I will not believe it again unless it breaks through 3,350 in one fell swoop.
Figure 1 is the market of Ethereum in January and February 2022, which is a reverse convergence and decline. Figure 2 is now, and the structure is the same.
Friends, come and discuss your views on Ethereum
LIVE1. Regarding the bull market diffusion model, Figure 1 is the daily trend of wti. From the continuous meltdown of US stocks in March 2020 to the outbreak of the global epidemic, the crude oil market ushered in a big bull market. The trend is as shown in the figure. The market reached 4 breakthroughs at the upper boundary point. Accelerate the rise until Fibonacci 2.618 reaches the target price.
