ETH surged 58% but got stuck at $2734! The truth about Sun Yuchen's $150 million 'Trump coin' draining the crypto circle revealed!
"ETH surged to $2734 today, almost breaking the previous high, but then turned around! Long-term investors, settle in; let me explain why it ‘caught its breath’ today —"
If ETH doesn't hit a new high, it can be summed up in three words: too tired to rise!
(But to speak plainly, we need to break down the details, see below 👇)
1. First, look at the data: after a surge, there needs to be a breather.
Today's volatility was 58%, opening at $2496, peaking at $2734, and closing at $2725, which means it surged 9% in one day before a slight pullback.
The BOLL middle line is at $2351, and the current price is $2725, indicating that ETH is still in a strong zone, but the upper resistance at $3476 is still far away. Why not push higher? Because the big players are waiting for retail investors to take over!
If ETH doesn't hit a new high, it can be summed up in three words: too tired to rise!
(But to speak plainly, we need to break down the details, see below 👇)
1. First, look at the data: after a surge, there needs to be a breather.
Today's volatility was 58%, opening at $2496, peaking at $2734, and closing at $2725, which means it surged 9% in one day before a slight pullback.
The BOLL middle line is at $2351, and the current price is $2725, indicating that ETH is still in a strong zone, but the upper resistance at $3476 is still far away. Why not push higher? Because the big players are waiting for retail investors to take over!
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ETH
2,564.7
-2.77%