The death and life game of Ethereum at $1800! Will it drop below $1500 or soar to $3000? Bulls and bears have shown their swords!
The price trend of Ethereum really makes people sweat! Now stuck at the critical point of $1800, it's not an exaggeration to say it's a tightrope walker on the edge of a cliff.
Looking at this momentum, breaking below $1800 is almost a matter of minutes, with the $1500 mark lurking below, watching closely. However, technical analysts would say the RSI indicator is oversold, so a rebound should be coming, right? But the problem is, the mountain of $2000 is still pressing down, and without breaking through this level, everything is in vain.
The most exciting part is whether the bearish forces will be counterattacked. With such a large gap between futures and spot prices, if the bulls decide to fight back and force the bears to collectively close their positions, I would believe the price could soar to $3000 like a firework!
However, we must be honest, I really have no confidence in whether $1800 can hold. Technical indicators are swaying below the 50 midline, and bearish market signals are becoming increasingly obvious. If it really breaks down, then $1500 could become the last lifeline.
Of course, in the crypto world, anything can happen. If Ethereum suddenly explodes and breaks above $2000, then $2500 will be the next stop. But that said, if it wants to regain the peak of $3000? That depends on whether the bulls have the courage and strength!
As for the upcoming layout direction, I will lead everyone to aim for the lucrative opportunities in altcoins, expecting a space of over 10 times is not a problem. Like + comment, and I will take you along to layout the entire bull market! #Circle上市 #美国投资加速器