#以太坊跌破2400美元
$ETH Brothers, the bulls’ first seventh-day memorial has arrived.
After CPI came in last night, the market dealt the bulls their third blow. This morning, it finally broke through the hard floor at 2,400, which had held three times, and wicked down to 2,312. The market has fallen all the way from 2,700 without even a bounce. So much money has gone in trying to buy the dip, yet there’s no sign of a recovery. This is a hunt targeting retail investors: whales and institutions are all fleeing, while retail investors are left quietly taking the hits. Everyone who went long on the plaza is cursing.
As for trading, I wouldn’t recommend buying the dip at this level. Funds continue to flow off-chain, the odds of an October rate hike have climbed to 43%, geopolitical tensions keep escalating, and bad news keeps coming one after another. Ethereum is being stripped down to its last layer. There’s only a chance of a recovery once all the bad news is out and the market has digested it. For now, keep an eye on tonight’s PPI data. If the price can hold above 2,300, that alone would count as a win for the bulls.
If you still don’t have a clear sense of the big picture, don’t keep trying to figure it out on your own. Come ask around in the chatroom and catch this major move!
$ETH Brothers, the bulls’ first seventh-day memorial has arrived.
After CPI came in last night, the market dealt the bulls their third blow. This morning, it finally broke through the hard floor at 2,400, which had held three times, and wicked down to 2,312. The market has fallen all the way from 2,700 without even a bounce. So much money has gone in trying to buy the dip, yet there’s no sign of a recovery. This is a hunt targeting retail investors: whales and institutions are all fleeing, while retail investors are left quietly taking the hits. Everyone who went long on the plaza is cursing.
As for trading, I wouldn’t recommend buying the dip at this level. Funds continue to flow off-chain, the odds of an October rate hike have climbed to 43%, geopolitical tensions keep escalating, and bad news keeps coming one after another. Ethereum is being stripped down to its last layer. There’s only a chance of a recovery once all the bad news is out and the market has digested it. For now, keep an eye on tonight’s PPI data. If the price can hold above 2,300, that alone would count as a win for the bulls.
If you still don’t have a clear sense of the big picture, don’t keep trying to figure it out on your own. Come ask around in the chatroom and catch this major move!