From the weekly and daily candlestick charts of $ETH , the following points can be concluded:
Weekly Breakthrough: Last week's bullish candle directly jumped over the resistance level and firmly stood its ground, like a high jumper clearing the bar and landing steadily, stabilizing the mid-term trend.
Daily Resilience: Although it has dropped for two days, each time it was a "false fall", quickly dropping and then being pulled back up, as if there is a soft cushion at the lower level of $3300, making it impossible to break through.
Weak Bears: After the bulls pulled from 1385 to 4788, the bears tried to counter but it felt like a tickle; the price couldn't move down, and the trading volume is getting weaker, obviously strong on the outside but weak on the inside.
Stop always saying "I think": The market has already written the script with candlesticks, so don’t add your own drama. Newbies should focus on naked candlesticks, seeing the price itself is more useful than drawing a bunch of lines. The current market is like the sultry calm before a heavy rain, looking still, but the bulls are preparing a big move.
Bitcoin has broken its historical high, and ETH has reached a new high this year! I will arrange my positions internally again tonight! I have already gone all in. There are still 15 spots available internally, sign up directly!!!
