$ETH Health callback, I still agree with this view, but there have been quite a few withdrawals and exits recently.
The buy and sell orders in the exchange are imbalanced, with a large number of sell orders far exceeding the number of buy orders, and each sell order needs to wait for an appropriate buy order to appear. Sell orders can only wait, causing delays in transactions.
Yesterday, there was news saying that 910,000 ETH are queued to exit, while 260,000 are entering, leading to a temporary imbalance that needs market adjustment, and during this period, it will be easy to see spikes.
Ethereum is currently in a stage of changing hands, and in the long run, it will still rise. Capital has not abandoned Ethereum; it’s just that some have made enough profit and chose to exit. This pie is still being drawn.
However, in the short term, we need to pay attention to the timeliness of news, technology, and the rhythm I have always talked about.
Continuously follow: CFX ENA SOL XRP DOGE OM SUI
