Cryptocurrency Survival Guide 🔍
Although the market has dropped in the past few days, Ethereum has shown several important turning points. Let's take a look:
1️⃣ On the afternoon of the 12th, the hammer candle stopped the decline, although there was an inertia drop, but the trading volume decreased.
2️⃣ After the large bearish candle at 3354, it closed with a hammer candle, indicating a clear entry of bulls.
3️⃣ Subsequently, a "Morning Star" reversal pattern formed, breaking through the downtrend line.
Current market situation:
📊 Fluctuating in the range of $3354-$3517
🕯️ Small volume small candles showing bottom characteristics
⚡ Latest bullish candle has insufficient volume and has not yet broken through.
Investment Truth:
💡 The financial market is closest to money, but it is by no means a casino.
🧠 Invest rationally, do not gamble or speculate.
⚠️ Remember: Low entry threshold ≠ easy money.
When there is a large volume but no breakout, it often marks the beginning of a turning point.