The market has been hesitant these days. Are many people going to give up to this market again?
In fact, this is all a washout in the bull market. ETH has reached a critical dividing line of bull market and bear market, and it is also the decisive point of getting rich or losing money.
To put it simply, if ETH falls below between 3780 and 3750 agian, it will fall to the range of 3650 to 3480, which will be another bullish market.
ETH has been fluctuating within the range from 3700 to 3800 for 5 days. You can make some money in the short-term trading. If you are bullish in the long-term trading, it is estimated that you will be repeatedly long from 3720 to 3750 and the long orders will repeatedly touch the stop-loss point.
To make a long story short, everyone has seen that there a was washout from 2800 to 2900 for 7 days in a row, and repeatedly oscillated to sweep away bulls and rise suddenly.
Actually, what I am more concerned about is whether ETH will directly rise after a narrow range of oscillations from 3700 to 3800, or fall below 3700 to the range from 3400 to 3600 to make longs lose hope and then rise again. How to predicti which situation it is? Look at the dividing line of bull market and bear market I just gave.#PCE #MegadropLista #mememcoinseason2024
