$ETH will not fall below 3000 USD
It will try to break through 4000 USD above
My view is that it will follow a deceiving downward trend in this pattern
The monthly adjustment shows a more bullish trend
The weekly chart still has some room for adjustment in the short term
The trends of the two major cycles are already close to alignment
So the daily chart, needless to say, is certainly in a downward adjustment
Plus, it seems Trump is about to push for a new Federal Reserve chairman?
If this is finalized, let's just say if
If someone who aligns with crypto policies comes up
And is optimistic about the performance of the crypto market
If they push for a policy of financialization of crypto debt again
Wouldn’t that give the crypto market a strong boost?
Could this lead to a shining moment for the crypto market?
Speculation is just speculation
Returning to reality
Around 3500 USD there will definitely be a long period of fluctuation
This is beyond doubt
A correction is also normal but not a crash
The premise for a crash is that there are institutions spreading short news
Sharplink institutions have started to realize significant profits and clear their positions
But currently, it seems Sharplink's profit margin has not yet reached 50%
The rumored shell listing to cash out does not seem very optimistic
If the profit margin from the sale of stocks (see image two)
Then it should be Sharplink's time to flee, right?
After all, the profits from SBET stock have probably doubled
Personally, I still see a long-term bullish trend
And I am long on $ETH
I am not trading BTC because from my perspective
The cost-performance ratio of BTC is not high for me