#以太坊的未来 Let's take a look at Ethereum's monthly chart

The overall shape is an M, and it has been continuously declining for six months. From the convergence, it seems that there are only a few days left until the monthly close. From the market support perspective, the doji star is a strong support, while there is strong selling pressure from the bearish candles above. At this point, it indicates that the pressure has mostly been released, but the support strength is quite significant. In the last few days, unless we encounter strong liquidation selling pressure, such situations are currently rare, and this level of liquidation will not exert much pressure. Therefore, the support strength is greater than the pressure strength. In summary, 1700 will be the cheapest price for Ethereum, and when it reaches 4-5000 in the future, I hope you won't buy more. Thank you all!