Decreasing volume = energy exhausted! $ETH
Brothers, follow my rhythm and heavily invest now; the last moment for bottom fishing has arrived!!!
Although ETH is in a downtrend, the trading volume has shrunk to the extreme, indicating that the short selling pressure is almost gone, and the downward momentum is insufficient. Now we are just waiting for funds to come in and replenish the volume; once the volume spikes and rebounds, the bearish signal of the evening star will be directly invalidated, making it a sure opportunity for a rebound!
Strong support at 2620 to catch the bottom, and the rebound is about to happen! The key support level of 2620 has withstood the downward pressure, and the macro environment does not have significant stress; the news is neutral without any fatal bearish factors. As long as this support holds, there is a high probability that funds will come in for bottom fishing, targeting an initial rebound to 2800, and after breaking through, directly aiming for 3000!
Breaking through resistance indicates a reversal! The current downtrend of ETH is entirely supported by the bearish moving averages, but as long as we break through the key resistance at 3000 or even 3200 with increased volume, the bearish arrangement will be directly broken, and the trend will instantly reverse. Currently, the sentiment is neutral with no panic, and positive news could brew at any time, so prepare in advance to ride the rebound trend!
