Ethereum's ETF will start trading tomorrow, and Biden has also officially issued a personal statement announcing his withdrawal from the election. I am looking forward to the market trend in the future.
Recently, few people have mentioned the second-layer network. This wave of callbacks in the second-layer network is indeed very large, but the long-term benefits brought by the second-layer network to the ETH ecosystem cannot be ignored. This is also the reason why the second-layer network is relatively heavy.
OP is the first currency issued by the second-layer network, and the consensus is relatively large. Although each break of the previous high will trigger a wave of callbacks, although the process is very tortuous, the overall trend is a healthy upward trend.
As can be seen from the figure, the price of OP is constantly breaking the previous high, and the low point is gradually rising.
During this period, the wash was quite cruel. It broke the previous high three times and the callback three times. It gave people the feeling that as long as the previous high was broken, there would be a callback, and the amplitude of the callback was still large.
This is very fatal to those traders who are obsessed with finding a sword. They think they have discovered the law of the main operator of OP. The market is fickle. When you can see the law, it is the closest to being fooled. The next time the previous high is broken, it will not There will definitely be a chance for a pullback
OP's pullback has ended this time, and a bullish engulfing has stopped the decline. The mid-term opportunity has arrived. The rise of Ethereum will inevitably drive the entire Ethereum ecosystem to rise
The long-term has missed the best time to lay out, so you can only do the mid-term. After the decline stops, it will enter a shock. The entire shock range is a time for layout. Do a good job of position management. I believe that OP will not disappoint you next
Of course, there are also many people who are not optimistic about the second-layer network because the pullback is too strong. These people only see the appearance and think that the rise It is good when it goes up, and bad when it goes down. The value is measured completely by the price. It is because of this idea that people buy whoever rises, chase the rise and sell the fall, and there is no such thing as early layout.
This wave of callbacks has washed out those who are not firm in their will. In addition, the current background trend is a bull market. This is an opportunity. There is gold everywhere. Which are opportunities and which are risks depends on personal vision. #opusdt #以太坊ETF批准预期 $OP $BTC