What is the opportunity for $ETH to rise above 2500?
First of all, Ethereum that upgraded these two days has not had a pullback, as if it took an aphrodisiac, and has been charging ahead!
However, this afternoon it was just 10 points away from breaking through, but clearly the upward pressure is too great!
The market makers deliberately pull back to pretend to let you get on board, fake breakouts insert needles back and forth to clear leverage, both bulls and bears suffer,
but this round of needle insertion still has a lot of leverage below 2200,
for Ethereum to rush above 2500, at least one big needle is needed,
don't be confused by the illusion that the bull has returned,
every time the bull comes back, the cost is liquidation!
The rise relies on real money, not just a few bloggers saying the bull has returned!
The bears caught below, don’t worry, there will be another needle! It won’t be long!
When the long positions are almost liquidated, and Ethereum stands above 2500, that will be the real bull return!
If you still don’t know the right entry point
and don’t know to think from the perspective of the market makers!
Want to break free from the fate of being a retail investor!
Feel free to consult!
