If it can't fall, then it will rise. ETH at 8 points, if it stabilizes around the support of 4150, it will be an excellent entry opportunity. As long as the key support is not broken, all pullbacks are chances to average down and enter long positions.
Ten thousand ETH feels a bit distant and requires a lot of time, but perhaps 5000 ETH is on the way. Various positive news is coming in succession. Will tomorrow's CPI bring a stronger rally?
Although Bitcoin and ETH have rebounded strongly, it has taken away much liquidity, leading to a bleak situation for altcoins, which are even worse than ETH prices below 4000. Take WIF as an example; there isn't much operational space, which is also why many are reducing positions at resistance levels. Without a phenomenal coin to ignite the sentiment for altcoins, the situation remains stagnant.
Most of the coins we are holding have had various pullbacks after reducing positions but have not yet pulled back to our averaging down levels. Only TAO averaged down around 370, while the remaining coins continue to wait for their averaging down positions to arrive. Hold your hand, and don’t chase the rise. Currently, the bull market only belongs to Bitcoin and ETH, while altcoins still need to grind.