This article is only a personal market view and does not constitute investment advice. If you operate according to this, you will be responsible for your own gains and losses.
The article on the 3rd of May pointed out the short-term risks of the "big cake" (Bitcoin), and a rapid pullback occurred that night. The pullback was expected, but the rapid rebound was somewhat beyond expectations. Perhaps this is just the normal performance of a bull market; a bull market is so unreasonable.
However, if you follow the advice in the article, hold onto the spot without moving, and cancel high leverage, there will be no loss. But if you engage in spot trading or high-leverage transactions, it is estimated that your "thigh" has already been broken.
In a bull market, the important thing is not to get off the ride, to stay steady. Small gains add up, far better than a one-time leveraged rush to get rich. Profit and loss come from the same source; through high leverage to get rich, it will eventually be taken back through high leverage. Human desire is endless, and few people can timely withdraw after gaining a large amount of wealth in the short term. Recognizing the shortcomings of human nature and recognizing one's own shortcomings can lead to better trading.
Today, let's mainly talk about the view on ETH.
The article on the 3rd of May also mentioned that the exchange rate adjustment of ETH to BTC is in its final stage, and the subsequent trend in the following days has also proved the judgment to be correct.
From the weekly exchange rate perspective, the current exchange rate has once again come near the downtrend line of the past year and a half, and a breakthrough is imminent. Moreover, in the recent 5 months of oscillation, the weekly MACD has significantly bottomed out. The 0.5 exchange rate is basically an unbreakable bottom.
From the daily perspective, since January, it has been the third attempt to break the trend line. In a bull market, with each subsequent attempt, the probability of a successful breakthrough will be greater than the previous one.
As the exchange rate resistance level since the beginning of the year, once the 0.61 level is broken, the upward space will be completely open. Let's wait quietly.
In addition, with the expectation of the ETH spot ETF in May, the subsequent market increase is greater than BTC, which is also reasonable. Therefore, I am optimistic about the future trend of ETH.
Follow me and earn the maximum trend profit with the least amount of operation.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
