4.21 Ethereum Market Reminder

Ethereum has once again given a high point for shorts that haven't entered the market, but this high point only touched near our opening average price and did not reach the accumulation high of 1720-1750. Today's short entry rate is also not high. In such a high position, shorts are hesitant to enter, which likely means this wave will leave no room for bulls. Currently, the rise is merely to entice longs. Today, the average holding duration for bulls has increased by 41%. Such a significant increase in data clearly indicates that retail investors are frequently increasing their positions or averaging down, with a target of 1226 likely to be reached, so just wait patiently.

With even a slight increase, retail investors believe it can return to 2000 or 3000. We may have to wait until the end of the month to see a big drop again.

#加密市场反弹 $ETH