$ETH ETH is stuck at the 2,500 life-or-death level. It’s lingered around 2,500 every year, and last year it was at this same level too.
But last year, I went long and it dropped to around 2,100. Then I added to my position, but I was still stuck in a losing trade. It only took a 130-point rally in the final minute to get me out even.
Then everyone kept shorting, shorting, shorting, and shorted the bull market away. I don’t know if this year will be the same.
But the news before said altcoin season was here and the bull market was here. Now the news says the bear market isn’t over yet. Is this a bear-market relief bounce in the bigger cycle? What the hell is going on?
But last year, I went long and it dropped to around 2,100. Then I added to my position, but I was still stuck in a losing trade. It only took a 130-point rally in the final minute to get me out even.
Then everyone kept shorting, shorting, shorting, and shorted the bull market away. I don’t know if this year will be the same.
But the news before said altcoin season was here and the bull market was here. Now the news says the bear market isn’t over yet. Is this a bear-market relief bounce in the bigger cycle? What the hell is going on?