$ETH $ETH $SSV

《Can Altcoins Rally?》

Next week, Ethereum will continue to trade sideways, altcoins will rebound but will not break through previous highs.

I mentioned on the 5th that altcoins need to return home. Last night, Ethereum hovered around the ascending trend line until about 2 AM, and at 3 AM it officially dropped over 300 points, with altcoins decreasing by 20-30%. 570,000 people were liquidated, and today's short-term rebound is still relatively weak.

I woke up this morning and found that I received a daily SSV, and I felt doomed; I didn't expect such a fierce drop and a large retracement, and altcoins are seeing stop losses at 10-15%.

Currently, I am waiting for a small cycle bullish reversal before going long with a small position, controlling the position size and stop loss, aiming to hold until the end of this week.

Personal opinion, no reference value

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