$ETH There are now a bit too many enemies—are we really going to drop?
Oil prices have been rising continuously, and inflation has therefore been getting worse. This may force the Federal Reserve to raise rates. A single rate hike might be okay, but in most cases, once rates are raised, they will keep rising consecutively.
However, despite the recent barrage of bearish news that has been hitting us in the face one after another, ETH has still held up firmly. Institutional funds have been propping it up, and it even pushed above a six-month high the other day.
But lately, the market sentiment guiding things in a bearish direction has gotten a bit too heavy. Bro-ge won’t be led by the nose. The more unanimous the market is, the more dangerous it is. And Bro-ge has never believed that data can change the trend—it only affects short-term price action. So even if there really is a rate hike, Bro-ge is still firmly bullish. #Zama在以太坊开放16个机密Morpho金库
Oil prices have been rising continuously, and inflation has therefore been getting worse. This may force the Federal Reserve to raise rates. A single rate hike might be okay, but in most cases, once rates are raised, they will keep rising consecutively.
However, despite the recent barrage of bearish news that has been hitting us in the face one after another, ETH has still held up firmly. Institutional funds have been propping it up, and it even pushed above a six-month high the other day.
But lately, the market sentiment guiding things in a bearish direction has gotten a bit too heavy. Bro-ge won’t be led by the nose. The more unanimous the market is, the more dangerous it is. And Bro-ge has never believed that data can change the trend—it only affects short-term price action. So even if there really is a rate hike, Bro-ge is still firmly bullish. #Zama在以太坊开放16个机密Morpho金库
