Mr potato1314
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Bullish
Woke up to find Ether at $4,600. Short sellers are completely bewildered. Could it possibly reach $10,000?
I checked my phone this morning and nearly woke up—Ethereum is now $4,600! It was hovering around $4,200 last night, and it took off overnight. This market manipulation is truly brutal.
Short sellers are losing their minds. Bitfinex and OKX margin calls are flooding the news, with short positions losing nearly $200 million.
The market is abuzz, FOMO is at its peak, and everyone is shouting, "The bull market is here again!"
What's going on? Why is Ether so strong? Simply put, Ethereum 2.0 has already staked 48 million ETH, accounting for over 40% of the circulating supply. Locked-up ETH is effectively choking supply. The L2 ecosystem is also booming, with Arbitrum and Optimism's combined locked-up value exceeding $50 billion. DeFi and NFTs are still surging. Add to that the anticipation of a Fed rate cut, and risky assets are in high demand. How can the crypto market remain idle?
Looking at the market, 4600 is a long-standing resistance level, and it's held firm after breaking through. The 4-hour MACD line formed a golden cross, and the RSI hasn't overheated yet, suggesting a short-term bullish outlook. Twitter influencers are already calling for a 5000 level, with some eyeing 8000, and even raising the $10,000 price target. However, the market can change quickly, so be wary of selling pressure between 4800 and 5000. #机构疯抢以太坊 #BTC重返12万
I checked my phone this morning and nearly woke up—Ethereum is now $4,600! It was hovering around $4,200 last night, and it took off overnight. This market manipulation is truly brutal.
Short sellers are losing their minds. Bitfinex and OKX margin calls are flooding the news, with short positions losing nearly $200 million.
The market is abuzz, FOMO is at its peak, and everyone is shouting, "The bull market is here again!"
What's going on? Why is Ether so strong? Simply put, Ethereum 2.0 has already staked 48 million ETH, accounting for over 40% of the circulating supply. Locked-up ETH is effectively choking supply. The L2 ecosystem is also booming, with Arbitrum and Optimism's combined locked-up value exceeding $50 billion. DeFi and NFTs are still surging. Add to that the anticipation of a Fed rate cut, and risky assets are in high demand. How can the crypto market remain idle?
Looking at the market, 4600 is a long-standing resistance level, and it's held firm after breaking through. The 4-hour MACD line formed a golden cross, and the RSI hasn't overheated yet, suggesting a short-term bullish outlook. Twitter influencers are already calling for a 5000 level, with some eyeing 8000, and even raising the $10,000 price target. However, the market can change quickly, so be wary of selling pressure between 4800 and 5000. #机构疯抢以太坊 #BTC重返12万
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