Ethereum's Big Rebound! Is there a huge bullish signal hidden at the 2500 level?
Over the past six months, Ethereum has seemed to be suppressed, but now it has suddenly broken through 2500 with a strong rebound, making many people feel that this position is not bearish. In fact, the true motivation behind market fluctuations is quite simple — prices rise to trigger short sellers, while they drop to strike fear into long holders.
Now, many investors are shorting around the 2500 mark, and once the price breaks above 3000, their short positions will face immense pressure, and perhaps the real beginning of a bull market is just starting.
Of course, I'm not suggesting you recklessly go long right now; the market can change at any moment and could face a sharp drop. However, based on the current trend, the probability of bullish movement is clearly much higher. The most critical point is that the behavior retail investors love the most — chasing highs and cutting losses — is always difficult to change!