#以太坊突破1700美元涨7.98% After the shorts just shouted “See you at 1500,” Ethereum first delivered a big bullish candle.
For a full ten days beforehand, ETH was being ground back and forth in the 1510–1610 range, and market sentiment was at rock bottom: some were waiting for a breakdown, while others had already started calculating the 1200 level.
As a result, today it directly broke through 1700, briefly touching 1720. In just a few days, it rebounded from the low point by nearly 8%.
What’s most worth watching isn’t the size of the rally, but the fact that the 1700 level has finally been reclaimed.
$ETH this coin has always been quite interesting: when it rises, everyone complains it’s slow; when it falls, everyone says it’s old. But once the market reaches a point of unanimous bearishness, it always manages to give a round of reverse-direction “education.”
Of course, one big bullish candle doesn’t automatically mean the bull market is back. Whether price can hold above 1700 will determine whether this move is just a rebound keeping itself alive—or whether the structure has truly been repaired.
But at least today, one thing can be confirmed:
ETH is not dead.
It’s just that a few days ago, everyone buried it too early.⚡
#ETH #以太坊 #加密市场
For a full ten days beforehand, ETH was being ground back and forth in the 1510–1610 range, and market sentiment was at rock bottom: some were waiting for a breakdown, while others had already started calculating the 1200 level.
As a result, today it directly broke through 1700, briefly touching 1720. In just a few days, it rebounded from the low point by nearly 8%.
What’s most worth watching isn’t the size of the rally, but the fact that the 1700 level has finally been reclaimed.
$ETH this coin has always been quite interesting: when it rises, everyone complains it’s slow; when it falls, everyone says it’s old. But once the market reaches a point of unanimous bearishness, it always manages to give a round of reverse-direction “education.”
Of course, one big bullish candle doesn’t automatically mean the bull market is back. Whether price can hold above 1700 will determine whether this move is just a rebound keeping itself alive—or whether the structure has truly been repaired.
But at least today, one thing can be confirmed:
ETH is not dead.
It’s just that a few days ago, everyone buried it too early.⚡
#ETH #以太坊 #加密市场