Mingming1
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There is no doubt that we should go long on the exchange rate again.
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The small copycat season is coming soon!
Everyone should understand one thing
The price of bitcoin hit a record high on March 13
At the same time, the exchange rate was around 0.06 in this bull market
So we can assume that when the exchange rate breaks through this value
Ethereum hit a new high in this bull market
After all, I have always believed that the eth/btc trading pair is the core trading pair of Ethereum
Let us wait for the flowers to bloom!
#$ETH
Everyone should understand one thing
The price of bitcoin hit a record high on March 13
At the same time, the exchange rate was around 0.06 in this bull market
So we can assume that when the exchange rate breaks through this value
Ethereum hit a new high in this bull market
After all, I have always believed that the eth/btc trading pair is the core trading pair of Ethereum
Let us wait for the flowers to bloom!
#$ETH
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At present, the price of Bitcoin is strongly suppressed by OTC funds. According to CME position data, hedge funds have opened a large number of short positions. By purchasing ETF spot and pledging to CME, they can realize arbitrage between futures and spot. Based on this data, we believe that the foundation of the bull market is still there. OTC liquidity is still pouring in. The best choice at present is still to buy the ETH/BTC exchange rate at a low point. It is expected to rise to 0.06 at the end of June and early July.
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eth/btc
The exchange rate has reached a point where you can buy the bottom again
If you are interested, buy the bottom
The idea has always been to buy at lows
Reduce at highs
Donât short
Wait for a breakthrough of 0.052 to stabilize
The bottom has now reached the upper edge of the previous bottoming center
It will take many times to retest this position
Itâs really disgusting
The exchange rate has reached a point where you can buy the bottom again
If you are interested, buy the bottom
The idea has always been to buy at lows
Reduce at highs
Donât short
Wait for a breakthrough of 0.052 to stabilize
The bottom has now reached the upper edge of the previous bottoming center
It will take many times to retest this position
Itâs really disgusting
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eth/btc
Hold patiently
All black swans are over
The exchange rate has broken through and stabilized at 0.052 this time
It is the start of the small cottage season in May!
Hold patiently
All black swans are over
The exchange rate has broken through and stabilized at 0.052 this time
It is the start of the small cottage season in May!
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eth/btc
The fundamental reason for the sharp rise in the exchange rate at the end of April was not the influx of new funds from the OTC
The essence was that large funds exchanged their BTC positions to eth
This also explains why eth rose at that time but bitcoin did not rise with it
Funds should be exchanged in advance to prepare for the positive Ethereum ETF in May (even if it does not pass)
Many altcoins have fallen to the bottom
Just wait
The small altcoin season is coming soon
Baidu, this waste, is like shit without the inflow of ETFs
When will ETFs flow in again
Let's pay attention to BTC again
There are too many funds in BTC that need to make profits
The fundamental reason for the sharp rise in the exchange rate at the end of April was not the influx of new funds from the OTC
The essence was that large funds exchanged their BTC positions to eth
This also explains why eth rose at that time but bitcoin did not rise with it
Funds should be exchanged in advance to prepare for the positive Ethereum ETF in May (even if it does not pass)
Many altcoins have fallen to the bottom
Just wait
The small altcoin season is coming soon
Baidu, this waste, is like shit without the inflow of ETFs
When will ETFs flow in again
Let's pay attention to BTC again
There are too many funds in BTC that need to make profits
See original
eth/btc
After the exchange rate fell back to the center in 4 hours, it got support and rebounded. Go long on dips here. The lower the price, the more you buy. Don't go all in. Ethereum is definitely very strong this month.
After the exchange rate fell back to the center in 4 hours, it got support and rebounded. Go long on dips here. The lower the price, the more you buy. Don't go all in. Ethereum is definitely very strong this month.
See original
eth/btc
Donât chase high exchange rates
After the breakthrough, pay attention to the opportunities of copycats in the sideways range
Donât chase high exchange rates
After the breakthrough, pay attention to the opportunities of copycats in the sideways range
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The exchange rate breakthrough is very strong
No longer diverging
To the moon!
The next target is 0.052
No longer diverging
To the moon!
The next target is 0.052
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#ćąç
Continue to be bullish
Currently has successfully broken through the bottoming center
The first target is 0.05050
Go!
Continue to be bullish
Currently has successfully broken through the bottoming center
The first target is 0.05050
Go!
ETH/BTC exchange rate short-term, medium-term and long-term views
1. Recently, there have been news that the Ethereum ETF in May will be blocked, but this is not a bad thing
2. Current short-term: According to the perspective of the entanglement theory, the 4h level is still one step away from leaving, and it is still recommended to do more at the lower edge of the center
3. Current medium-term: The exchange rate has a probability of bottoming out in the daily structure. If the bottoming is successful here, the exchange rate has a probability of ushering in a daily level rise, followed by a small climax of the cottage
4. In the long run, the fundamentals are still not optimistic about Ethereum. Ethereum is a pure guy who eats leftovers. Only when there is surplus liquidity will part of it flow to Ethereum. Our previous analysis also mentioned that the long-term is extremely pessimistic about Ethereum. It is basically impossible for the exchange rate to return to the previous high
To sum up, the current operation suggestion is to build a long position in the exchange rate at a low point on the lower edge of the 4h center, and reduce positions at highs. It is not recommended to go short, and it will break through at any time
1. Recently, there have been news that the Ethereum ETF in May will be blocked, but this is not a bad thing
2. Current short-term: According to the perspective of the entanglement theory, the 4h level is still one step away from leaving, and it is still recommended to do more at the lower edge of the center
3. Current medium-term: The exchange rate has a probability of bottoming out in the daily structure. If the bottoming is successful here, the exchange rate has a probability of ushering in a daily level rise, followed by a small climax of the cottage
4. In the long run, the fundamentals are still not optimistic about Ethereum. Ethereum is a pure guy who eats leftovers. Only when there is surplus liquidity will part of it flow to Ethereum. Our previous analysis also mentioned that the long-term is extremely pessimistic about Ethereum. It is basically impossible for the exchange rate to return to the previous high
To sum up, the current operation suggestion is to build a long position in the exchange rate at a low point on the lower edge of the 4h center, and reduce positions at highs. It is not recommended to go short, and it will break through at any time
See original
ETH/BTC exchange rate short-term, medium-term and long-term views
1. Recently, there have been news that the Ethereum ETF in May will be blocked, but this is not a bad thing
2. Current short-term: According to the perspective of the entanglement theory, the 4h level is still one step away from leaving, and it is still recommended to do more at the lower edge of the center
3. Current medium-term: The exchange rate has a probability of bottoming out in the daily structure. If the bottoming is successful here, the exchange rate has a probability of ushering in a daily level rise, followed by a small climax of the cottage
4. In the long run, the fundamentals are still not optimistic about Ethereum. Ethereum is a pure guy who eats leftovers. Only when there is surplus liquidity will part of it flow to Ethereum. Our previous analysis also mentioned that the long-term is extremely pessimistic about Ethereum. It is basically impossible for the exchange rate to return to the previous high
To sum up, the current operation suggestion is to build a long position in the exchange rate at a low point on the lower edge of the 4h center, and reduce positions at highs. It is not recommended to go short, and it will break through at any time
1. Recently, there have been news that the Ethereum ETF in May will be blocked, but this is not a bad thing
2. Current short-term: According to the perspective of the entanglement theory, the 4h level is still one step away from leaving, and it is still recommended to do more at the lower edge of the center
3. Current medium-term: The exchange rate has a probability of bottoming out in the daily structure. If the bottoming is successful here, the exchange rate has a probability of ushering in a daily level rise, followed by a small climax of the cottage
4. In the long run, the fundamentals are still not optimistic about Ethereum. Ethereum is a pure guy who eats leftovers. Only when there is surplus liquidity will part of it flow to Ethereum. Our previous analysis also mentioned that the long-term is extremely pessimistic about Ethereum. It is basically impossible for the exchange rate to return to the previous high
To sum up, the current operation suggestion is to build a long position in the exchange rate at a low point on the lower edge of the 4h center, and reduce positions at highs. It is not recommended to go short, and it will break through at any time
See original
ETH/BTC, the second most important trading pair in the cryptocurrency circle, will continue to be bullish.
Since the 4.14 plunge to 2800, the on-site stock of ETH is lower than the 4000 price during the same period.
It has entered the institutional buying zone (the price of ETH during Bitcoin 5.2).
The recent Bitcoin halving has increased the selling pressure of Bitcoin.
There is also an Ethereum ETF in May.
Combining the above, we have reason to believe that the exchange rate will usher in a phased rebound, and this rebound is estimated to last at least one month.
But in the long run, the weakening of Ethereum is an indisputable fact.
This comes from the triple weakening of its value attributes, investment attributes, and practical attributes.
We will talk about this later when we have time.
Since the 4.14 plunge to 2800, the on-site stock of ETH is lower than the 4000 price during the same period.
It has entered the institutional buying zone (the price of ETH during Bitcoin 5.2).
The recent Bitcoin halving has increased the selling pressure of Bitcoin.
There is also an Ethereum ETF in May.
Combining the above, we have reason to believe that the exchange rate will usher in a phased rebound, and this rebound is estimated to last at least one month.
But in the long run, the weakening of Ethereum is an indisputable fact.
This comes from the triple weakening of its value attributes, investment attributes, and practical attributes.
We will talk about this later when we have time.