$ETH After a long period of consolidation, is it about to make a move?
Lao Qi has a feeling it will break through 2550. It has now broken above the 2500 support level, so those holding short positions should be careful. Many stop-loss orders for shorts above this level have probably already been triggered, making an accelerated move more likely. It all depends on whether trading volume can keep up. If it can’t, a drop back to this level is less likely.
ETH should be rising too. After being subdued for so long and consolidating for a full day, is it gathering strength for a big move? Don’t panic over the pullback—it’s just short-term profit-taking by those who went long earlier. Looking at on-chain funds over a longer timeframe, the trend is still developing in a positive direction. If it holds around 2520, there’s a strong chance it will break through the major 2550 level.
Lao Qi’s first target is 2530. If it holds there and funds continue to flow in, the next target is 2500. Let’s see if the big players make any major moves tonight. Lao Qi will be keeping a close eye on price trends, fund flows, and the activity of large transaction addresses.
The Plaza has a delay. If anything happens, Lao Qi will notify everyone in the chatroom right away. If you’d like to follow Lao Qi’s approach and ideas, Lao Qi is waiting for you in the chatroom! $BAT $APR
#STRK24小时上涨约20%
#XRP财库公司Evernorth完成SPAC合并
Lao Qi has a feeling it will break through 2550. It has now broken above the 2500 support level, so those holding short positions should be careful. Many stop-loss orders for shorts above this level have probably already been triggered, making an accelerated move more likely. It all depends on whether trading volume can keep up. If it can’t, a drop back to this level is less likely.
ETH should be rising too. After being subdued for so long and consolidating for a full day, is it gathering strength for a big move? Don’t panic over the pullback—it’s just short-term profit-taking by those who went long earlier. Looking at on-chain funds over a longer timeframe, the trend is still developing in a positive direction. If it holds around 2520, there’s a strong chance it will break through the major 2550 level.
Lao Qi’s first target is 2530. If it holds there and funds continue to flow in, the next target is 2500. Let’s see if the big players make any major moves tonight. Lao Qi will be keeping a close eye on price trends, fund flows, and the activity of large transaction addresses.
The Plaza has a delay. If anything happens, Lao Qi will notify everyone in the chatroom right away. If you’d like to follow Lao Qi’s approach and ideas, Lao Qi is waiting for you in the chatroom! $BAT $APR
#STRK24小时上涨约20%
#XRP财库公司Evernorth完成SPAC合并