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#ETH price rebound - What’s the next move? After yesterday's low of 90800, BTC made a 4-hour rebound. During the noon period, it seemed to be unable to go above 93000, and stayed around 92000 for a while, then went up to 93800.
The details of this process are that when BTC went up to 93500, it fell to 93200, and in this process, altcoin began to wind, and the time occurred at 16 o'clock, and ETH at this time was in a declining state. So at this time, I was thinking about altcoin's Market Maker, did I want to pump a dump to pass on the risk to the retail investor? This risk refers to the risk that BTC will not even be able to go up to 93800. But I judged that this should not be the case at the time, for the reasons that, firstly, altcoin is only partial, not many coins are like this, and second, the amplitude of the pump is a bit high, not quite like this. Third, altcoin is not because Market Maker funds jumped from BTC to ETH, causing ETH to rise, so altcoin rose. So I didn't say reduce position. There is no reason to reduce the position, the first GI to 94000, mostly or around 95000, this pump, and the pump is not finished, and the second ETH has been a pullback low and long rebound to make up for the rise shape. Thirdly, it is possible that Altcoin will come again, and this wind refers to the second wave after 16 o'clock today. It is easy to come when there are many BTC94000. Fourth, BTC is likely to stand above 95,000, thus establishing the end of this wave of daily candlestickpullback and continuing the upward attack. Fifth, even if BTC doesn't go well again, ETH and altcoin may not be able to go badly, and it is still possible to rise.