Mid-term trend 👇🏻
Don't open leverage and contracts at this juncture. Spot does not allow you to open leverage. At least wait until the trend stabilizes before opening contracts.
Didn't many friends and fans always say they wanted to buy ETH spot before?
Opportunities come from falling, and risks come from rising. August is a good time for you to accumulate and hoard coins. There will be a surge in the fourth quarter of this year (from September to the Spring Festival of 2025). You will thank yourself now.
The Federal Reserve cut interest rates in September. It is normal to plunge and wash the market before the rate cut. It was even more terrifying before the rate cut on March 12, 2020, and then it soared from the lowest point in history to the present in April 2020.
History will not repeat itself, but it will be surprisingly similar!
Key point: ETH did not issue a point of 2200. If you are a steady player, you can place orders in batches of 2200, 1800~1500. If you don't place orders in advance, it is estimated that you can't buy the best price manually during violent fluctuations. Let me tell you, if you buy Ethereum spot at 2300, it will be better than buying it at 4000, right?
The current pressure position is 2700-2800 (extreme 3000), and it is estimated that it will rebound to this position and then fall again, and then build a bottom. This cannot be completed in one or two days, and it belongs to the mid-quarter direction. #ETH