Why can't $ETH go up? Because retail investors are all going long (all fantasizing about Ethereum taking off after the Prague upgrade on May 7th), news that everyone knows, and then still fantasizing about Ethereum making a big leap, what a joke. Unless all those who went long around 1500-1600 are completely wiped out, it will never go up to 1700, just wait. Back then, Bitcoin was at 88000, Ethereum at 2100, now Bitcoin is at 8800, Ethereum at 1580. Wait until Trump announces another tariff, Bitcoin pulls back, and if Bitcoin drops below 80000, guess if Ethereum will go to three digits? It will directly wipe out all those who went long around 1500-1600.
Before the upgrade on $ETH , speculation had already started a month or two ago. Now, with the upgrade happening on the 5th, to be honest, the upgrade has turned out to be quite disappointing. Is a good news still good news when it materializes? This round of bull market is coming to an end, and it is highly likely that Ethereum will be discarded. As long as it is not foolish, in the future, everyone will only buy Bitcoin, with Solana as the second choice. Ethereum is probably done for.
The dealer is still trying to entice the market, forcing it, just like it has been hovering around 0.19. Will it be cut in half again? Will it drop directly to 0.000 something? Just let it crash and be delisted, there's no need to pull it back up.
$ETH btc rose 1000 points, showing a slight weakness, while eth climbed 10 dollars in four hours, performing strongly. It is estimated that before the Prague upgrade, there will be another severe wave, just like the drop of 1000 points on the fourth day of the Lunar New Year, which directly wiped out the long positions before the rise began. I am looking forward to how much it can drop before the upgrade.
$ETH The person behind Ethereum is really impressive, controlling it around 1580, not going up or down. It really is retail investors going long, and big players going short. I feel that only when the V dog passes away, and Ethereum has no actual controller, can it soar to the sky.
$SWARMS Real bottomless pit drops 10% every day, with no rebound, only a continuous decline. Come on, everyone, come and buy the dip. Today's low price is tomorrow's highest price. If you chase, open the daily chart and take a look, there is not a hint of rebound, only an endless decline.
$ACT I laughed so hard in the square, a bunch of people got trapped by opening long positions, and then they tell you to open short positions. Their words and actions are inconsistent, bro. Do you hope that others opening short positions will let the big players see that there are many short sellers and pull you up to help you get out of your position?
$1000CHEEMS open short and wait to explode, waiting around 1990 is just waiting for someone to open a short? Just pull a good news directly to explode up 2.30 points no problem, for example, cx calls out, or list on another exchange.
If you don't believe it, just take a look at how BNX is being pumped. A bunch of people went short around 0.6, and it was directly pumped to 1.5, wiping out a lot of people. Now it's pumped to 2.5. Binance needs a benchmark (do you know what a benchmark is?), to attract people in. This is the benchmark they are creating. BNX was pumped from around 0.1 to 2.5, a 25 times increase. Now it has only been pumped less than 1 time. Do you think it can still be pumped? Just wait to get wrecked.