Yesterday’s drop looked pretty scary. After CPI came in hotter than expected, it dragged down U.S. stocks, cryptocurrencies, and A-shares. Nearly the entire financial market was falling, and experts were even predicting a financial crisis. Fuck that.
You won’t make a damn cent listening to experts.
Whether it’s ETH or BTC, the 200-day moving average is climbing along with the price rally. The daily chart is showing a very classic bottoming signal. Ethereum is back above 2,400, with a low of 2,313, which I expect was also the bottom this time around.
On the 3-day chart, the correction has reached its fourth candle, forming a large doji around 2,400. There’s been a pretty serious clash between bulls and bears at that level. I’m definitely on the bullish side—I’m the type to buy more the lower it goes.
You won’t make a damn cent listening to experts.
Whether it’s ETH or BTC, the 200-day moving average is climbing along with the price rally. The daily chart is showing a very classic bottoming signal. Ethereum is back above 2,400, with a low of 2,313, which I expect was also the bottom this time around.
On the 3-day chart, the correction has reached its fourth candle, forming a large doji around 2,400. There’s been a pretty serious clash between bulls and bears at that level. I’m definitely on the bullish side—I’m the type to buy more the lower it goes.