#ETH Why can't I be scared away.
I don't understand why so many people are bearish on Ethereum.
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Review: Powell's speech was my luck.
But.
From the market perspective, it's clear that the ETH 4100 range has already become the downward trend line for the annual increase.
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In other words, you look bearish at support levels,
and bullish at resistance levels.
Moreover, in the previous BTC posts, and in the analysis of BTC, I have stated that BTC 112000 is also a new low, a possible rebound position.
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I can only say that traders who see it this way can only say that they overlooked the larger trend while trading on a smaller scale.
Some say that if there is no news, it will fall.
Trading has no 'ifs'. Even if the technicals are bullish, it doesn’t necessarily mean they are correct. But having a systematic approach to trading is always better than a chaotic approach.
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2. Ethereum, last month, so many institutions were pushing the price up. If there is no interest rate cut, Ethereum's potential stops at 4800. Then I can't understand what institutions are doing with Ethereum.
Moreover, BTC broke its historical high last year
ETH 4800 has yet to surpass it.
Additionally, in terms of the magnitude of the correction, ETH is clearly more resilient.
