$ETH
《In-Depth Analysis: The Truth Behind the Current Short-Term Fluctuations of the Market and the Opportunity for Bottom Fishing》
At this moment filled with opportunities and challenges, the market is facing a short-term test and is in a brief adjustment period. However, everyone must maintain a steady mindset because the magnitude of this pullback is unlikely to be too severe; it is merely the market laying a solid foundation for further upward movement.
Why do I say this? The reason is quite traceable. On one hand, the market is about to welcome a series of key data releases this week. These data points are like stones thrown into a calm lake, inevitably stirring up ripples in the market, leading to short-term emotional fluctuations and price oscillations. On the other hand, looking a bit further ahead, in 10 days, nearly 680,000 Ethereum staked on-chain will reach a significant point of unstaking. If this situation arises, it is likely to bring noticeable selling pressure to the market. After all, such a large-scale unlocking will significantly increase the amount of Ethereum available for trading in a short period, and the market will need some time to absorb and digest this new supply.
However, everyone should not panic excessively because of this. From an overall perspective, Ethereum has very solid support around the 3500 mark. This is akin to a sturdy dam, capable of withstanding the “flood” caused by selling pressure to some extent. Therefore, for the vast majority of investors, this support point serves as a lighthouse in the dark, guiding you in the right direction. When prices experience a pullback due to short-term selling pressure, it may be wise to calmly observe; once prices approach the 3500 support level, consider it an excellent opportunity for bottom fishing and bravely step forward to seize the moment. After all, once the market digests the short-term negative factors, it is highly likely to return to an upward channel. In this unpredictable market, those who can grasp this critical bottom-fishing opportunity may take the initiative in the subsequent upward trend and reap substantial rewards.
