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Is ETH a rebound or a reversal? Currently, the market sentiment is bearish, so what should we do perfectly?



Weak water three thousand only take one ladle
Human beings are impermanent, and isn't the market just the same? Recently, the overall market trend has been relatively weak. As for ETH, it has been fluctuating within a range and hasn't broken through the fluctuation zone. However, the large bearish candle yesterday morning scared away a lot of retail investors.
Is this a washout accumulation or a top formation? How should we operate in the future? Recently, BTC's ETF has been experiencing daily net outflows, while ETH's ETF has been seeing daily net inflows. There is a prevailing opinion in the market that this year there is only a bull market for Bitcoin, not for altcoins. Is the whale foolish? Only Bitcoin is in a bull market, yet they sell Bitcoin and buy Ethereum. Whales are always ahead of the game; they lay their plans in advance, while retail investors chase high prices only after the market rises. Therefore, we must look beyond the surface to see the essence. Ethereum's price is oscillating within a range; it is not the price that is fluctuating, but the hearts of retail investors that are being shattered.
There are actually three types of market trends: rising, falling, and consolidating. 90% of the time is spent in a consolidating market, and the actual periods of rising and falling are very short. Therefore, if you are anxious, you are falling into the traps set by the market makers. Being anxious leads to emotional decision-making taking over, resulting in one mistake after another, and very few people can stop losses in time after making mistakes. If you want to be a gold digger in the cryptocurrency space, you must be patient and wait.
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GateUser-a353851cvip
· 06-08 08:37
It seems to be drowning three k.
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Zlatanvip
· 06-07 14:23
Steadfast HODL💎
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GateUser-2d2da21evip
· 06-07 09:58
Trading Volume 100,000, it is obviously a dump.
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