#The Future of Ethereum May 5th
Let's analyze the daily line of ETH. After yesterday's daily performance, it basically stabilized around 1800, with a short-term pullback at the bottom. The daily line pattern is actually consolidating at the bottom, and once it rises, many people will jump in. If it stabilizes above the 55 moving average, it will break through 2000.
From the perspective of a single candlestick, the entire pattern is an upward N shape, and the market shows a bullish increase in volume, indicating strong support. It may break through this line tonight. Meanwhile, the moving averages are trending upwards, and a golden cross is forming at the bottom. This is the best time for everyone to go long on dips!!! Remember not to chase pullbacks, as the pullback won't be significant. There's not much profit in a pullback.
Everyone, please follow to stay on track, I'm sharing the core message to make money,
The reason you are losing money is that you can't hold onto your positions. Think about it, is this you? Losing a bit makes you want to cut losses, winning a bit makes you want to take profits. Embrace certainty. Staring at the screen will never make you money, running away early will never make you money. Start with a light position and low leverage, and increase your position as the market moves.