The current price of Ether is around 1845. Assuming that the market continues to exceed 1900, what will be the better way forward?
There is no doubt that there will be polarization by then. The bulls will continue to see a break above 2000, while the bears will not see a break above 2000 and will fall sharply. At that time, both the bulls and the bears will be extremely anxious and may even question their own judgment, and any operation will involve a lot of "gamble"~
Two trends are preset here:
Assumption 1️⃣: Break through 1900, hold steady and break through as appropriate, or directly break through 2000 in one go.
Assumption 2️⃣: It breaks through 1900, cannot stand, is repelled by the short side, and the market enters an anxious period.
What is the best way to go in case 1️⃣?
It stabilizes at 1900, and then starts to fluctuate, oscillating back and forth in a large range of 3% to 5%. We tentatively set the price range at 1950-1850. This gives the market a subjective sense that it cannot go up and will fall. It broke through 2000, and even broke through the annual high of 2145, and then a bull market atmosphere became full, and the market seemed to be very lively~
Which is the better way to go about the situation 2️⃣?
It stabilized at 1900, fluctuated back and forth between 1900 and 1950, and never fell below 1900. Then it appeared that it was going to hit 2000, and it suddenly started to dive, forcing the market sentiment to cool down.
Both methods are undoubtedly very good trends. Do you think it can break through 1900? If it breaks through 1900, which explosion method will you prefer?
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