Ethereum plummets 15%, hitting a new low for November 2023!
Market betting: will drop to $1,900 by the end of the month
Over the past 3 months, the performance of Ether has significantly lagged behind Bitcoin, with market sentiment leaning bearish, and reduced institutional inflows leading to continued pressure on Ether. Additionally, concerns over trade wars, inflationary pressures, and weak U.S. stocks have greatly diminished market risk appetite.
However, regardless of market trends, we still grasp the trend
Since the interest rate hike on January 30, the market has begun to decline
In the crypto space, just grasping these two cycles is enough
One is interest rate cuts
The other is interest rate hikes
By seizing these two opportunities, you will achieve financial freedom
March will not see an interest rate cut, which means further declines; even if there are new favorable policies, they will only be fleeting
May and June will also not see interest rate cuts, rendering the first half of the year ineffective.
On January 30, Ether was shorted around 3300. Currently profiting by 1300 points
Next, open positions daily
The team continues to profit