A true KOL should do what they are supposed to do, handle returns well, engage in good trading, and produce quality content... rather than gossiping about one thing all night, picking sides, and forming factions... Are we in elementary school? What’s the point? What difference does it make if you get a wave of attention? If the trading is not done well, fans won’t learn anything and will ultimately drift away~ Binance created this plaza for everyone to learn trading from each other, not for fighting and pulling traffic! $SOL @币安广场 Great official management~ Let’s keep the plaza a pure land...
ETH experienced a rapid decline after reaching a high of 4331, entering a short-term adjustment phase. From the moving average structure, the MA5 and MA10 turning down at a high position indicate insufficient short-term bullish momentum, while the MA30 on the 4H time frame is still in a bullish arrangement, indicating that the overall trend remains upward, currently just a phase of adjustment. In terms of open interest, the high-level open interest has significantly declined, with some long positions reducing their holdings at high levels. After experiencing a rapid rise, market sentiment has weakened, showing signs of loosening in the short term. In terms of volume, after a strong upward movement at the top, there was a subsequent volume decline. The bulls were active during the high push, but then bears took advantage of the selling pressure at high levels to bring the price back down. The volume release indicates a clear contest between bulls and bears in the current range. Overall, ETH is currently in a stage of a major bullish trend with short-term adjustment pressure being released. Following a short-term strategy to trade the high push and subsequent decline, short-term bears dominate the rhythm, and the success rate of shorting during rebounds is high. Observe the changes in open interest during the adjustment process; even small signals in the contest are opportunities to enter the market.