Many people believe that Ethereum will rise to ten thousand dollars, but this is actually an illusion. If Bitcoin is digital gold, then Ethereum is digital oil. Therefore, compared to Bitcoin, the distribution of Ethereum's chips is highly decentralized.

The cost for the market makers to push the price is generally high, so the operators often tend to initiate a market move after completing a few rounds of both long and short squeezes to extract liquidity from retail investors. This signal is determined by the filling of solid line gaps based on 15 minutes, 4 hours, 1 day, and 1 week.

When shorting during an uptrend, one should select a take-profit level based on the 15-minute gap; during a consolidation period, one should choose a take-profit level based on the 4-hour solid gap; and when shorting in a reversal phase, one should select a take-profit level based on the one day and one week gaps.

Currently, it appears that Ethereum is about to transition from a consolidation phase to a reversal phase, and it is highly likely to fill the gaps at 3500 and 3450 on the daily and weekly charts before starting a new round of increases. Whether this is the logic behind the market makers' operations remains to be seen.

Bitcoin is about to initiate a round of correction, and when a whale falls, all things live.

This phase is a good opportunity to buy the dip in altcoins. #加密市场回调 #市场回调抄底还是观望？ #亚马逊股东提议比特币投资