$ETH Ethereum has dipped back down to around 2K USD today. It's time to reflect on those comments and news that fueled your confidence; maybe next time, you'll be better prepared to dodge this situation.
Keep your subjective judgment, respect the market, and follow your instincts! That’s the only line of defense to protect your capital and maintain rhythm.
The weekly structure is being tested again; the 1970/1930 range is a critical zone!
If this level fails to hold, we face triple risks from macro conditions, news, and structural breakdowns, making a drop to the 1550/1500 range not unreasonable.
1: A major structural breakdown is tough to fix,
2: As for macro conditions and news, there are currently no bullish signals to ease market risks.
My personal view is that the upper boundary of the weekly ascending channel (i.e., 1970/1930) is hard to defend.
The viewpoint around 1550 is something I mentioned back in February; I can't find the post now, but it came up when a friend asked, so I checked!
The low in February was around 1730; I didn’t go in for the bottom then because I was unsure! If we get close to that psychological target again, I’ll be ready to enter.
My logic holds, but whether we hit the target smoothly remains uncertain, so consider it just for reference.
#ETH #以太坊现货ETF周净流出255M
{future}(ETHUSDT)