🔥Stunning Comeback! ETH Returns to Its Peak, BTC Faces Short-term Danger!🔥

In hard times, true hearts are revealed, and ETH is the best example. Once ridiculed as the 'rich second generation' of the crypto world, it shines again, not due to luck, but due to a solid technical foundation and resilience. Staying firmly at number two for a decade is not a coincidence.

Fortunately, I didn't mock ETH back then, and even bought the dip at 1460 and added at 1750, now profits have doubled, all because I could see the sunshine after the storm.

📉 The market is currently filled with positive news: Russia-Ukraine peace talks, the Federal Reserve slowing down interest rate hikes, and global risks easing. However, this has led to the market entering a high volatility phase, especially with BTC facing a technical correction:

🔍 Brief Technical Analysis:

Daily: MACD death cross, short-term risks in the 105000 area, be cautious about chasing highs.

Four-hour: Volatility induces buying, suggest opening shorts at 104500, target 100000, stop loss set at previous high.

Weekly: The larger trend remains bullish, suggest waiting for a pullback to the 92000 area to set up long positions.

💡 Conclusion:

Don't be afraid of missing out, and don't rush to chase highs. No matter how good the market is, patience is needed to wait for a correction. Bulls should remain calm, opportunities are still there!