ETH’s price action today, put simply, is that the low-level correction finally has a way forward.
After holding around 1500, the price didn’t continue to break lower. Then it gradually pulled back up, reclaiming above 1700, and now it’s around 1780.
This suggests that short-term capital has started to flow back in, and market sentiment is much better than the past few days.
But what I care about more is the 1800—1850 zone.
If it can increase in volume and hold steady there, ETH may still have further room to continue repairing.
If it only makes a push and then falls back, then this move is likely to turn into a shakeout after a rebound.$ETH
#Vitalik公布精简以太坊路线图
After holding around 1500, the price didn’t continue to break lower. Then it gradually pulled back up, reclaiming above 1700, and now it’s around 1780.
This suggests that short-term capital has started to flow back in, and market sentiment is much better than the past few days.
But what I care about more is the 1800—1850 zone.
If it can increase in volume and hold steady there, ETH may still have further room to continue repairing.
If it only makes a push and then falls back, then this move is likely to turn into a shakeout after a rebound.$ETH
#Vitalik公布精简以太坊路线图