#以太坊走势
The current situation of Ether is quite interesting
Large holders are holding on, while small holders are fleeing
Since November last year, those with more than 1000 have been continuously buying, even if they are stuck, they don’t sell, and even increase their positions as it drops
In contrast, small retail investors have mostly been selling this year, when it dropped below 3300 in February, some bought a little bit, but now they have almost all run away
The trend is highly synchronized with the Russell 2000, the direction of rise and fall is basically the same as Bitcoin and the S&P 500
In simple terms: when the US stock market rises, ETH rises; when the US stock market crashes, ETH is also hard to be independent
Moreover, the fundamentals have not changed much, although there have been no major technical upgrades or significant good news recently, the large holders continue to hoard coins, indicating they may be looking long-term
Now the large holders are pulling hard on one end of the rope, while the retail investors are slowly letting go on the other end
It's tough, just hang in there!