ZHOFAIN DEMON
--
Bullish
#BSCProjectSpotlight ETH is dropping more than BTC
Many people are buying ETH, thinking this is the bottom and it will bounce back.
But if too many buy, Market Makers might trick them and push the price even lower.
For long-term holding, $1500-$1600 is looking good entry point.
🔜Ethereum has fallen to $1,775, the lowest in nearly 4 years.
🔜One reason is that ETH ETFs have not received any new investments since March.
🔜The entire market is also down because of upcoming tariffs starting in April.
🔜As per the Wall Street Journal, Trump’s team is planning global tariffs up to 20%, which will impact almost all U.S. trading partners.
🔜This news has also added to the market crash.
$ETH
Many people are buying ETH, thinking this is the bottom and it will bounce back.
But if too many buy, Market Makers might trick them and push the price even lower.
For long-term holding, $1500-$1600 is looking good entry point.
🔜Ethereum has fallen to $1,775, the lowest in nearly 4 years.
🔜One reason is that ETH ETFs have not received any new investments since March.
🔜The entire market is also down because of upcoming tariffs starting in April.
🔜As per the Wall Street Journal, Trump’s team is planning global tariffs up to 20%, which will impact almost all U.S. trading partners.
🔜This news has also added to the market crash.
$ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
133
0