Want to get on shore, market analysis is very important for you!
In the past few days, I have mainly focused on buying the dip (you can check my blog), so why do I keep emphasizing buying, and why not short at the highs? The reasons are simple:
First, Bitcoin's liquidity is not strong, with funds flowing into Ethereum, leading to a continuous rise in Ethereum's price.
Second, major companies and institutions are continuously buying Ethereum, with an average purchase price above 3800.
Third, the market is concerned about the implementation of tariffs on China and expectations of interest rate cuts, all of which are positive news. However, the news won't make a move until it is published; instead, institutions enter the market first, waiting for the news to be released.
This is also why I have been actively positioning myself for long positions recently. If you are not making money in this market, you should reflect on your own reasons!
As for what to do with Ethereum moving forward, follow Mr. Ku!
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