From the data point of view, Ethereum is still in the main spot accumulation stage;
Since this round of bull market, Ethereum has experienced 3 rounds of spot accumulation and is now in the fourth round of accumulation, but the fluctuation range of this round is slightly larger than the previous three rounds:
First round: August 2023-October 2023, accumulation range 1750-1520, oscillation range 13%, final high point 2700, increase 70%;
Second round: January 2024, accumulation range 2500-2200, oscillation range 12%, final high point 4100, increase 70%;
Third round: mid-April 2024-mid-May 2024, accumulation range 3200-2800, oscillation range 13% , the final high point is 4000, and the increase is close to 40%;
The fourth round: from mid-June 2024 to now, the accumulation range is 3500-2800, and the fluctuation range is 20%. The next trend can be observed;
Finally: The spot accumulation mentioned here is not the kind of situation that many retail investors or stupid KOLs understand, that is, they keep buying and never selling. From the data point of view, the profit expectation of the main spot is 40%-70%. When entering this profit range, the main force will start to stop profit, which is the real transaction;
So those who start talking about faith in big cakes and see 100,000 when it rises every day, and say that the bear market is coming when it falls, and directly see it close to zero, are all stupid things that do not trade at all;
