Last December🈷️ Ethereum vs Current Market🆚
Figure 1: Ethereum dropped from a high of 2717 in December to a low of 2168 in January, retracing 25%, and began to stabilize at the Ema99 moving average position
Figure 2: If Ethereum references last year's market, the low point in this round of correction is approximately at the Ema99 corresponding price of 3185
The chart shows that once the market corrects, there won't be a good rebound to help you break even; if you have followed a long position to the break-even price today, you must close your position
