$ETH On Saturday, ETH was around $2,245, up a modest 0.3% over 24 hours but basically flat for the week. Interestingly, Tom Lee has once again said that Ethereum is bottoming out, while a whale has reportedly bet around $45 million on a rebound. The first resistance level mentioned in the report is around $2,360.
My take: Big-money bets don't mean this is the bottom. The Fear & Greed Index is still at 25, in the extreme fear zone, and U.S. tech stocks are falling again, so it's hard for ETH to move independently of the broader market. If you're watching ETH, keep an eye on whether it can hold above $2,360 before deciding whether to pay closer attention. Don't get swept up in the hype.
#ETH #市场观察 For reference only; this does not constitute investment advice.
My take: Big-money bets don't mean this is the bottom. The Fear & Greed Index is still at 25, in the extreme fear zone, and U.S. tech stocks are falling again, so it's hard for ETH to move independently of the broader market. If you're watching ETH, keep an eye on whether it can hold above $2,360 before deciding whether to pay closer attention. Don't get swept up in the hype.
#ETH #市场观察 For reference only; this does not constitute investment advice.