Brothers, have you read this picture of Ethereum and the analysis?
南帝一灯大师
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Brothers; When will Ethereum get out of the adjustment range and stand above $3,000 again?
At the end of July 24, the Japanese yen raised interest rates and market funds withdrew for risk aversion. On August 5, Ethereum fell from 3,200 to 2,200 US dollars, with an adjustment space of 1,000 US dollars, and then it took 90 days to get out of the predicament.
On February 3 this year, the Japanese yen also raised interest rates. The Federal Reserve temporarily suspended interest rate cuts, causing funds to avoid risks. Ethereum fell from 3,300 to 2,100 again, a drop of 1,200 US dollars, exceeding that of August last year. It has been consolidating in the range of 2,600-2,700.
Judging from the current market environment, time nodes, and the abnormal movement of funds in the market, whether Ethereum will have a market in the future, I think there is. Recently, Ethereum institutions have a serious turnover. Some have switched to hedge, and new institutions have entered the market, including the recent net inflow of funds from Ethereum ETFs. It can be judged that Ethereum will have another wave of market in the future, but the institutions have not yet completed their positions. Some Wall Street capital panicked and switched to hedge, and new institutions entered the market to absorb funds, etc., all of which require time. In addition to the speculation expectations in April, it means that Ethereum has not yet opened an opportunity for a big market at this stage, so at this stage, you can go back and forth in short-term operations, medium-term position operations, and you can wait a little longer. When the institutional positions are completed, there must be news to cooperate with the insertion before the V-turn. The position building range can be waited here between 2300 and 2500. Even the insertion of 2100 can wait patiently for opportunities. If you can't wait to build a position on the left, then wait for the right side to stabilize again at 2800. The trend is confirmed, and the time node is reached before getting on the train.
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Expires at2025-02-23 04:24:51
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