Ethereum returns to 3700, have the bears been fooled again?
Waking up to see this 3680 is quite shocking, but it quickly adjusted. What does reaching this price signify? It goes without saying. The altcoins in hand must have fully revived, whether it's the previous WLD or USUAL, etc. Returning to Ethereum, we can review yesterday afternoon's live stream when Brother Jing emphasized at over 3520 that this is a textbook-level trap for shorts. Now, based on this pattern and the reaction in trends, we can indeed determine that this is the case.
In the morning, I opened a long position near 3500, and in the afternoon, another long position near 3520, the entire process went smoothly without any issues. Therefore, Brother Jing repeatedly reminded everyone to maintain a bullish mindset. Of course, if you accidentally opened a few short positions, then I can only say sorry. Ultimately, desire has once again triumphed over reason, laying a deep foundation for being trapped. Currently, the price of Ethereum is hovering around 3680, and at its peak, it also broke through 3720. Now we just need to continue maintaining a bullish mindset and go long on some altcoins. #以太坊ETF连续12周净流入
