The big coin is still oscillating at a high position, and it is estimated that it will linger at a high level for a few more days. Ethereum has never been able to strongly break through and stabilize at the $2800 bull-bear boundary.
In February, Ethereum's monthly line strongly broke through the $2800 bull-bear boundary, so let’s see if Ethereum’s May monthly line can stabilize at around $2550?
Only in this way can Ethereum adjust next month, which may allow it to strongly break through and stabilize at the $2800 line, and then further impact the $3300 line, with the extreme test aiming for $3800.
I can only say that Ethereum's journey is really long and arduous.
I think the big coin will quickly change hands soon; it will either quickly change hands in the next few days or wait until the monthly line closes and then quickly change hands at the beginning of the month. Now it just depends on how the institutional main funds wash the plate?
However, I think the most brilliant maneuver by institutions is to wait for the monthly line to strongly stabilize at $110,000 and then quickly change hands. The big coin is highly likely to spike to around $100,000, with the extreme spike reaching the $96,000 line.
I think in the short term, before the end of June, there is over an 80% chance that the daily level will not strongly break through the $96,000 line, so everyone doesn’t need to worry too much.