🚀🚀4000 points, the bull-bear dividing line of #ETH ! Don't panic, I've broken it down for you 💪
Good afternoon, everyone! I'm sure you've all seen that #ETH surged to around 4000 on Friday and then started to pull back. Are you feeling a bit anxious? Those holding onto positions are worried about profits being given back, while others who missed out are anxious about missing the opportunity.
Don't rush, let's calmly see how this game is played! 👇
The 4000 level is a point where many large players accumulated at lower levels and are now cashing out. There are a lot of trapped positions above this historical high that need to be released, including retail investors and whales who bought at the bottom and are now taking profits in batches. This has created a short-term pressure point at 4000.
Many people are asking, has the ETH market ended? My judgment is: No! After the tariff news is released around the 10th, the market will still trend bullish, aiming for Ethereum at 5000 💥
Following the perfect take profit on long positions this morning, I am currently choosing to short and waiting for the US stock market to open this evening to continue ambushing in batches!
The market looks good now, everyone can see it, but only those who can seize the opportunity will be the winners. Get your gear ready, and let's go tonight! 🔥