The K-line in the crypto world is like an electrocardiogram; greedy people are prone to sudden death!
$ETH Market Update: The tug-of-war between bulls and bears has reached a fever pitch! ⚔️
2-Day Level:
🌠 After the 21st engulfing pattern, long lower shadows (hammer lines) have appeared consecutively, with clear bottom support
☀️ This morning's bullish line attempted to break through, but the volume is insufficient + long upper shadow, there is still pressure above
4-Hour Details:
📉 After breaking 3941, it encountered resistance and fell back, forming a bearish engulfing
🛡️ However, the three consecutive bearish lines all have long lower shadows, it can't fall further!
🔍 The bearish line's body is shrinking + decreasing volume, the bearish strength is weakening
Key Conclusions:
✅ The overall trend is still bullish; currently, it's a consolidation in the upward trend
✅ The 4-hour level has clear signs of stopping the decline, a rebound could happen at any time
Investment Wisdom:
💰 Protecting capital is more important than making profits
🚫 Don't be deceived by short-term fluctuations; pullbacks in a trend are opportunities to enter
🎯 Remember: The market is like a spring; the harder you press it, the higher it will bounce back!
P.S. The main force is currently playing the trick of "false breakout, real washout"; don't fall for it! #币安HODLer空投TREE #ETH重返3800