Brothers, wake up! Did you feel that spike in ETH last night? After hitting the bottom, draw a line, it’s a standard W double bottom! Now the price is at 3875, and the key barrier of 3880 is right in front of us, just a thin layer of window paper away!
What to look at today?
Look at the volume! At the 3880 position, as long as it’s not sluggishly creeping up but rather large funds burst in with volume effectively stabilizing, it would be as easy as pie to push it to 3900. By then, the group is likely to explode with excitement, shouting 'bull market', and quickly returning.
But Old Zhao is pouring cold water!
Don't get too excited when it rises, brothers! While excitement is fine, we must see through the essence: before it truly stabilizes above 4000 dollars, the seasoned players in the market won’t sincerely and consistently push it up! Why? If 4000 doesn’t break, confidence is lacking, and the bullish camp is just a pile of sand! A slight rise will definitely trigger early holders and profit-takers to flee, and a pullback is just a matter of minutes.
So what to do? Should we chase?
Old Zhao speaks the truth: Chasing high prices now? The risk is huge! If you're watching it rise and can't help but want to jump in, it's highly likely you'll become the one holding the bag!
What’s the safest strategy? Wait for a pullback! Move only when you see the right point!
Step one: Keep a close eye on 3880! If it breaks through with volume, don't rush to chase; stay focused! See if it’s a real breakthrough or a 'false breakout to lure in buyers.'
Step two: Don't be afraid of missing out! There are plenty of opportunities in the market. If it’s truly strong, it will definitely pull back to confirm support (possibly around 3860-3870, or even around 3850). Once it pulls back to the right level, stabilizes, and the volume cooperates, that’s when we should make our low-risk entry!
Step three: 4000 is the critical point! Even if it breaks 3900, as long as it gets close to 4000, vigilance must be increased. The market has deep resentment towards 4000, and the chances of oscillation and pullback in this area are very high!
If you’re not clear on the specific pullback points, pay attention to me, keep an eye on my homepage, I will provide 1-on-1 reminders to friends who follow me 24/7 in the village.
Old Zhao sends a piece of sincere advice:
Trading cryptocurrencies is not about who can chase high prices the fastest, but about who can stay calm and aim accurately! Before truly breaking through 4000, buying on the pullback is the way to go. Earning money that you understand and can control the risks of is better than anything!
There are no gods in the crypto circle, only smart people who can read signals. Old Zhao's articles don’t boast or make empty promises; they only teach you practical survival skills. Follow Old Zhao for daily strategies and know in advance.#以太坊十周年 $ETH
