Ethereum Dances on the Edge of a Cliff: Is the 4000-point Defense a Abyss or a Rebound Starting Point?
The current ETH is like a warrior pushed to the cliff edge by shorts, with only the thin wire of 4000 points left underfoot— if you step steadily, you can breathe and rebound, if you step empty, it is panic selling. Market sentiment has already shifted from greed to panic, and Old Chen's view remains unchanged; when the market is overwhelmingly bearish, it is often not far from a rebound! The main force loves to pick up chips when retail investors cut losses.
Old Chen predicts: this wave of overselling will eventually welcome a rebound, forming an N-shaped pattern.
Old Chen's exclusive analysis + operation strategy (抢肉吃 in the tiger's mouth):
1 Market sentiment is being tortured to the limit by 'gradual decline'