$ETH Midday Ethereum Market Analysis!!!
Brothers, after a prolonged decline, Ethereum has finally seen a decent rebound today. But don’t assume this rebound signals a market reversal. Brother Jie thinks it’s simply a normal recovery after the market became oversold. Looking at the current chart, Ethereum has twice fallen to the 2,400 level before bouncing back, which shows that buyers are stepping in at lower levels. However, Ethereum ETF funds have continued to flow out recently. What’s more, from Trump’s remarks this morning, it seems the U.S.-Iran war is not over. And with CPL data due tomorrow, expectations of interest rate hikes are heating up again. So Brother Jie’s strategy is to focus on shorting at higher levels. $SPCX
Messages in the plaza may be delayed. If you’re still unsure which way the market is headed, come ask in Brother Jie’s chatroom. I’ll share specific trading ideas with you!!!$OGN
#SKHynixSharesDrop7.1% #EvernorthNasdaqDebutClosesDown1.05%
Brothers, after a prolonged decline, Ethereum has finally seen a decent rebound today. But don’t assume this rebound signals a market reversal. Brother Jie thinks it’s simply a normal recovery after the market became oversold. Looking at the current chart, Ethereum has twice fallen to the 2,400 level before bouncing back, which shows that buyers are stepping in at lower levels. However, Ethereum ETF funds have continued to flow out recently. What’s more, from Trump’s remarks this morning, it seems the U.S.-Iran war is not over. And with CPL data due tomorrow, expectations of interest rate hikes are heating up again. So Brother Jie’s strategy is to focus on shorting at higher levels. $SPCX
Messages in the plaza may be delayed. If you’re still unsure which way the market is headed, come ask in Brother Jie’s chatroom. I’ll share specific trading ideas with you!!!$OGN
#SKHynixSharesDrop7.1% #EvernorthNasdaqDebutClosesDown1.05%