$ETH Ethereum has finally taken a hardening move!
Brothers, how long have I been waiting for the 1900 level! ETH has broken above $1900! Although the intraday gain is only 0.32%, don’t underestimate this small step—this is the first meaningful rebound after the ETH/BTC exchange rate stabilized around 0.029!
But! Just look at the 15-minute K-line—I’m really fed up with how it’s moving. The open was 1895.98, the close was 1895.32, with an amplitude of just 0.03%? Is this a weaving loom? The main players at the 1900 level are drawing doors so straight you could use a ruler—both longs and shorts are pretending to be dead. Who dares to make the first move?
On the news front, CryptoQuant’s report released yesterday said the ETH/BTC ratio shows signs of improvement: MVRV has fallen, exchange inflows have declined, and ETF holdings have started to recover. But the problem is that the bottoming signals haven’t been fully confirmed yet—of the five key indicators, only two have reached historical reversal levels, and market disagreement is still very large.
And have you noticed—right now the whole market is watching Bitcoin’s mood. BTC just broke above 65000 and then pulled back. For ETH to independently push higher, that’s not easy. DeFi fundamentals really are improving, but speculation sentiment hasn’t fully ignited yet. On-chain data shows whales are still slowly accumulating, but retail investors are clearly hesitating and don’t dare to chase the price up.
To be honest, this morning I bought a small amount of ETH spot around 1890—not much, but I think this level is worth a gamble. Set stop loss at 1850, and for the target, start by looking at 1950. If this move can hold above 1900 and break through 1930 with volume, I may add more. If it’s just a fake-out, then I’ll admit the loss and exit.
Opportunity is created when it drops—but courage is created when you lose.
Brothers, what do you think about this level? Are you going to charge with me, or wait a bit longer?
#ETH #以太坊
Brothers, how long have I been waiting for the 1900 level! ETH has broken above $1900! Although the intraday gain is only 0.32%, don’t underestimate this small step—this is the first meaningful rebound after the ETH/BTC exchange rate stabilized around 0.029!
But! Just look at the 15-minute K-line—I’m really fed up with how it’s moving. The open was 1895.98, the close was 1895.32, with an amplitude of just 0.03%? Is this a weaving loom? The main players at the 1900 level are drawing doors so straight you could use a ruler—both longs and shorts are pretending to be dead. Who dares to make the first move?
On the news front, CryptoQuant’s report released yesterday said the ETH/BTC ratio shows signs of improvement: MVRV has fallen, exchange inflows have declined, and ETF holdings have started to recover. But the problem is that the bottoming signals haven’t been fully confirmed yet—of the five key indicators, only two have reached historical reversal levels, and market disagreement is still very large.
And have you noticed—right now the whole market is watching Bitcoin’s mood. BTC just broke above 65000 and then pulled back. For ETH to independently push higher, that’s not easy. DeFi fundamentals really are improving, but speculation sentiment hasn’t fully ignited yet. On-chain data shows whales are still slowly accumulating, but retail investors are clearly hesitating and don’t dare to chase the price up.
To be honest, this morning I bought a small amount of ETH spot around 1890—not much, but I think this level is worth a gamble. Set stop loss at 1850, and for the target, start by looking at 1950. If this move can hold above 1900 and break through 1930 with volume, I may add more. If it’s just a fake-out, then I’ll admit the loss and exit.
Opportunity is created when it drops—but courage is created when you lose.
Brothers, what do you think about this level? Are you going to charge with me, or wait a bit longer?
#ETH #以太坊