Recently, fans have been saying that Heyue is no longer making money, with low volatility and poor market conditions, there are no profits!
We still need to pay attention to the situation in the Middle East and how the Israel-Palestine conflict will be resolved. If the United States and the United Kingdom intervene militarily, Russia will inevitably get involved, further escalating the conflict! This will also provide a big opportunity for the market manipulators to take a major reset!
As mentioned earlier, the extreme resistance level for Ethereum on the monthly chart is at 2880. If the conflict is resolved peacefully, Ethereum will definitely experience a significant surge! However, if the situation escalates and Iran seeks to attack Israel, Ethereum could deeply plunge to around 2430, and if it breaks that support, it may accelerate down to around 2150! Black swan events have been increasingly frequent lately! We must remain vigilant, vigilant, and vigilant!
Currently, Ethereum whales on the chain are in a state of bottom fishing, indicating that they are still slowly accumulating. In the next few days, we will reach a market inflection point (critical point), which is also the moment of change.
For fans who are unsure of the direction now, it’s best to stay in cash and wait! Wait for news from the beginners, and when the situation is resolved peacefully, the market will welcome another wave of celebration!
