What a chaos! 😂Whether it’s long or short, I’m comfortable with it😂. When the price fell from 2325 to 2252, I decisively took profit and short orders, and then quickly entered the long position at 2228😂. In the fluctuations of Ethereum, I feel like I am controlling the power of heaven and earth, and all the ups and downs seem to be under control.
Regarding ETFs, everyone knows what I have always maintained: ETFs will eventually inject more capital into the crypto market and drive up currency prices. But before official approval, these are just speculations, just like the tiger on paper, which looks mighty but is not to be feared.
I remember when FTX crashed, the price of Ethereum dropped from 3,500 to 800, and everyone was panicked that it would return to zero. But is it back to zero? not at all. Similarly, just five months ago, when banks in the United States collapsed one after another, people predicted that Bitcoin would exceed 100,000, but the result was that it fell below 25,000.
I have always emphasized that the market's theme hype always lacks real basis, and technical trends are the true reflection. It is determined by investors' real money investment and will never be false.
