There was no buying stimulus from the US stock market over the weekend, and after a rise in ETH in the morning, it has been in a state of decline. Bitcoin has performed relatively strong today, making a rebound, while SOL is experiencing significant washout. Only after cleaning up the chips can it better cooperate with the ETF speculation expectations for a stronger rise.
At this point, some retail investors might ask if this bull market has peaked? Is it time to short?
I can only say that your understanding is too shallow. Above 4000, Ethereum has many bottom chips that are in profit-taking positions.
Every dip is preparing for the next surge. In this kind of market, there is no problem with our long positions.
Next week, as I mentioned, you will see Ethereum at 4500!
Intraday focus: PROVE, OG, BIO
