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The bears must be slashed at 2414 tonight! The deep V of ETH is an appetizer; a thousand-dollar surge deserves Jin's position.
In the circle, being quick-handed and meticulous is not as good as bending down to pick up chips in a bear market! I am Jin, and today's deep V drama of ETH has perfectly acted out this line. Let's review this thrilling night with the folks:
The market is like a roller coaster
The 4-hour chart was still weak at 2111 (a zone with many liquidations), and in an instant, a giant green candle shot up to 2405! The classic V reversal confirms the truth of the crypto world: despair turns to greed in just one candlestick.
Surge Three Forces
Macro Lifesaver: US CPI below expectations → interest rate cut expectations warm up! US stocks/BTC rise together, and ETH follows along.
The market is like a roller coaster
The 4-hour chart was still weak at 2111 (a zone with many liquidations), and in an instant, a giant green candle shot up to 2405! The classic V reversal confirms the truth of the crypto world: despair turns to greed in just one candlestick.
Surge Three Forces
Macro Lifesaver: US CPI below expectations → interest rate cut expectations warm up! US stocks/BTC rise together, and ETH follows along.
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