ETH can hold the 3000 mark‼ ️I can’t hold this position, I can’t stand it‼ ️The multi-headed knife of bloody massacre is preparing to fall‼ ️
The previous article made it very clear to everyone. We need to look at the trend of Bitcoin through Ethereum. Instead of looking at Ethereum through Bitcoin. We have given this view, but most analysts cannot give it, because most analysts believe that Bitcoin should be the market, and Ethereum will follow the market. We do not deny that Ethereum will follow the market, but we want to mention a point that no one is aware of, which is the trading organization behind Bitcoin and Ethereum. They are all the same organization or the same type of organization. 💰
Therefore, during the entire bull market, the popularity of Bitcoin and the purchasing power of retail investors were very strong, and a lot of funds were involved, so the trading methods of the institutions behind it were not very obvious. Compared with Ethereum, it is easier for Ethereum to accurately identify the main institutions behind these. Where are the pressure and support levels? There is also the operating method behind it. Well, we told you before that 3680 is the long-short dividing line for Ethereum, and it is also the long-short dividing line for the entire Bitcoin. If Ethereum can break through 3680 points, it will then rise sharply. If it cannot break through, then after falling below 3480, the entire decline will accelerate. You can see from the K-line chart that after we issued the prediction in advance, Ethereum has not broken through 3680 points. It's exactly the same as the pressure line we pictured. Then after falling below 3480, two consecutive waterfalls began to fall and accelerated. The prediction of this round of market conditions was very accurate, so whether there can be a subsequent wave of rise requires attention to the pressure level of 3480, the early waterfall, which is what traps the bulls. Location. Only after breaking through this position and stabilizing can it be proved that the market has turned bullish. This position is also very obvious on the K-line chart. At this position, there are two consecutive waterfalls that are very obvious. 📉
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