#ETH #ETH走势分析
The Understandable King and the Richest Man Clash, How Does It Affect the Second Cake ETH?
For the Second Cake ETH,
The K-line fluctuates in the range of 2400-2700, with 2550 as the central axis for range consolidation,
Although recent cryptocurrency news, such as (Trump and Musk's clash), has had a significant impact on the crypto space, it doesn't greatly affect mainstream currencies like BTC and Aunt ETH. However, it has had a substantial impact on altcoins (community-governed) such as Mask, Dego, etc., where prices have been directly halved,
Overall, the market still has strong faith in mainstream cryptocurrencies, and ETH's daily chart has many long lower shadows, indicating strong support from the bulls and weakness from the bears!
Therefore, we look towards long positions, and it is recommended to focus on long positions during pullbacks, while holding light short positions at high levels,
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