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fulldeg
Bearish
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My expectation for $ETH remains bearish in the short term. Reasons for this: 1) $BTC didn't make the rise I wanted and couldn't break above $67,000. 2) I predict that $ETH's first ETF application will be rejected in May. 3) As the summer is coming, volume declines will occur in general and this will have a negative impact on prices. As long as the price of $ETH holds above $3,000 I don't see any problem. I myself will continue to look for scalping trades between $3,000 - $3,200. Although my short-term expectation is bearish, I expect a rapid rise with the arrival of the fall. I currently do not have a position on $ETH, but I aim to take a short position if it rises further and a long position if it falls further. This week I expect $ETH to come back from the 3,200 level, depending on the price of $BTC.

My expectation for $ETH remains bearish in the short term. Reasons for this:

1) $BTC didn't make the rise I wanted and couldn't break above $67,000.

2) I predict that $ETH's first ETF application will be rejected in May.

3) As the summer is coming, volume declines will occur in general and this will have a negative impact on prices.

As long as the price of $ETH holds above $3,000 I don't see any problem.

I myself will continue to look for scalping trades between $3,000 - $3,200.

Although my short-term expectation is bearish, I expect a rapid rise with the arrival of the fall.

I currently do not have a position on $ETH, but I aim to take a short position if it rises further and a long position if it falls further.

This week I expect $ETH to come back from the 3,200 level, depending on the price of $BTC.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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$ETH may enter a supply crisis in the future! If the Ethereum ETF is approved by the SEC, you may find it difficult to find ETH to buy in the market! Yes, you did not hear wrong, ETHs in the market may be completely withdrawn to wallets, why? The Ethereum ecosystem is a growing and developing ecosystem day by day. Within this ecosystem, people's attachment to ETH is an undeniable fact. People need ETH to use applications on Ethereum. In addition, with each transaction on the Ethereum network, more ETH will be burned and deleted from circulation! This makes ETH ultrasound money, which means that the supply of ETH will decrease depending on the use of Ethereum! Yes, it will! BTC will have a constant supply of 21,000,000,000 but it will never decrease. This is different for ETH, ETH's supply will decrease as long as the Ethereum network is used! There are a lot of L2s being built on Ethereum right now, such as ZK, Scroll, Arbitrtium. These L2s will allow Ethereum to be used more easily and more, and thus ETH burning will accelerate! Also, we should not forget that many people earn income on-chain by staking ETH, and currently 30% of the circulating ETH is staked and locked! If the ETF approval comes, many big businesses will buy ETH to add ETH to their ETFs, so the amount of ETH on exchanges will drop significantly. Prepare yourself and don't miss the big train, Ethereum is coming stronger than ever. If you know a little politics, you understand how the election year changes the state economy. The US will go for expansion, it has to go! The SEC and the Fed are under political pressure right now and that's why they have to support cryptocurrencies like Trump. Let's see what time will show us! Buy now, or regret later! I'm very bullish! $SOL $BTC
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