I’m hosting a voice livestream at the Binance Plaza: “Will the Big Pie tonight surge to 87,000? Bull market? No way—give me an immediate crash.” Listen here: https://app.binance.com/uni-qr/cspa/46138120108649?r=WNU5SR1K&l=zh-CN&source=host_share&uc=app_square_share_link&us=copylink
$ETH $BTC Current market conditions are entering a range-bound consolidation. There is selling pressure above, while support below is repeatedly tested. If you already hold long positions, continue to hold. In the short term, we first want to see whether 2660 can truly hold above the day’s high, and also watch around 82300.
$ETH Rate hike expectations may not mean anything even if they are implemented. Don't forget there is also news about a bill that hasn't been released yet! Before that, I still insist on 2720$ETH
Ethereum $ETH shows an overall high-level pullback and a weak, sideways trading pattern, continuing the technical correction rhythm after the recent sharp rally. The order book has not seen an extreme one-way selloff, nor is it strong enough to sustain a bullish rebound. This is a typical post-rally momentum exhaustion and a repair market where longs and shorts are re-engaged in a tug-of-war. As of today’s session, the ETH price is kept within the $2480–$2530 range; over the past 24 hours it has slipped slightly. Overall volatility remains relatively mild. In the short term, bears have the upper hand, but the medium- to long-term upward structure has not been broken! Target 2700—my current position, for now, I will still hold. $BTC what’s there to analyze? It’s better to stick with Ethereum!