$ETH
For the first time, I express my views on the market. From a technical perspective, it’s either going to soar or crash down. In other words, it’s either a rise or a fall.
But this time is different; this time marks the dividing line between bull and bear markets.
The daily line shows that after three attempts to break above 3910, it has retreated to this support point. Today, the highest point is close to this level, currently hovering around 3860. The weekly chart is also within the death cross range, and the monthly chart shows increasingly higher lows, while also being within the death cross range.
The most frightening thing about this pattern is the calm before the storm.
If it can stabilize above 4000, there could be a significant rally, with new highs possible nearby.
If it tests the area around 3910 multiple times and fails to break through,
breaking down further would clearly indicate a bear market.
Are you ready to face the storm?
