During the Dragon Boat Festival, the market was scared by the trade fluctuations caused by the 'understanding king'. Personally, I believe the pullback is very healthy!
Ethereum had a huge surge before, with too much leverage piled up, and now washing it out actually makes it more stable.
The more people short, the stronger the rebound will be later! If you have spare money, take the opportunity to buy some ETH spot; it's definitely a good deal.
Don't be fooled by the short-term scares; the overall trend hasn't changed at all— the Federal Reserve's interest rate cut cycle is still ongoing, with trillions waiting to enter the market for US Treasury stablecoins, and the SEC has also given a favorable ruling for ETH.
No matter how much the 'understanding king' stirs things up, he can't go against economic laws! Prices will eventually return to value, and the more he creates trade friction, the stronger the cross-border demand for digital currencies will be.
As for the technical side? I basically only look at the three-day line; pure short-term speculation is easy to crash.
James Wynn's loss of 100 million dollars in a week is a lesson! The macro sets the direction, and the details find the entry points.
Those with capital should buy the dip, and those without capital should stay steady; the main upward wave will come sooner or later!
During the festival, eat zongzi, and I wish everyone good fortune counting money when they look back!
#加密市场回调 #币安Alpha上新 #美国加征关税 #FTX赔付 $BTC
Stuck at a high position, wanting to double the account, wanting to enjoy big profits, wanting to successfully recoup losses.
Stay close to @加密云兮飞 , and position yourself in advance for the main upward wave of the bull market!