The positive stimuli cannot bring incremental funds to the market in the short term. Therefore, the sustainability of the rebound remains questionable, and the risks of chasing the rise far outweigh the benefits at this time, but ETH is another story.
The biggest difference in this cycle compared to previous ones is that no matter how high the price is, there are still people willing to buy.
Currently, the buying pressure is mainly divided into two categories:
One category is new buyers, that is, new capital entering the market for the first time, and new users attracted by the narrative of the cryptocurrency world.
The other category is steadfast holders, who buy more as the price drops, lowering their average cost; these two forces support the lower limit of BTC's pullback.
Want to double your account, want to enjoy the big profits, want to successfully break even
Follow closely with Sister Qing and position yourself in advance for the main wave of the bull market!
