The longer Ethereum takes to consolidate, the more intense the subsequent market fluctuations tend to be. My judgment is bearish; a drop is likely to occur tonight or tomorrow. From a technical perspective, the short-term target is to look for a double long wick candle bottoming out at the 2720 position. If it cannot hold, it might even plummet below 2600. That's just how the market is; the longer it holds back, the stronger the explosion when it finally happens. Continue to wait for this wave of plummet to arrive.
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RumbleValidator
· 11h ago
The support level at 2720 definitely needs to be watched, but I see some issues with your logic.
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quietly_staking
· 11h ago
After holding back for so long, I really feel like a big move is coming, just afraid that 2720 won't hold.
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LonelyAnchorman
· 11h ago
Another bearish sentiment? I bet that 2720 will be directly passed through during the next Rebound.
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MeltdownSurvivalist
· 11h ago
It has indeed taken a long time to make a big move, and I also feel that the risk of breaking through is quite high. If 2720 can't hold, it wouldn't be a dream to directly drop to 2600.
The longer Ethereum takes to consolidate, the more intense the subsequent market fluctuations tend to be. My judgment is bearish; a drop is likely to occur tonight or tomorrow. From a technical perspective, the short-term target is to look for a double long wick candle bottoming out at the 2720 position. If it cannot hold, it might even plummet below 2600. That's just how the market is; the longer it holds back, the stronger the explosion when it finally happens. Continue to wait for this wave of plummet to arrive.