【Most people are still hesitating about ETH, but I am more excited】
Last night I stared at ETH for almost two hours, not because I wanted to make a move, but purely out of fascination. After lingering around 3100 for a few days, many people said, "This market is dull," even the older guys in the group were discussing altcoins, as if ETH had been forgotten.
Market sentiment is more real than indicators.
But if you look at the past 4 hours, the price just crawled up from a low of 3090.92, stabilizing at 3110, with RSI just above 51, not too much, just enough to catch a breath. Do you consider this position risky? I don’t think so. The bulls are clearly still holding strong; although the trading volume isn’t explosive, every drop has buyers supporting it, as if someone is quietly accumulating at the bottom.
Just now while refreshing the market, I took a quick look at this coin.
I see two possible scenarios for it:
**The first is a gentle breakout.** If it can stabilize at 3120 in the next few hours, and then slowly push toward 3180, then this adjustment can be considered complete, with the overall direction still upwards. This is the most comfortable scenario, suitable for those holding positions to relax.
**The second is another drop.** Suppose there’s a slight disturbance in the US stock market, or Bitcoin suddenly makes a move, ETH could drop another 2% to around 3050. But I’ll tell you, if it really gets to that position, I might actually add more. I’ve seen below 3000 last year, and the ecosystem and staking volume are no longer what they were; the lower it goes, the more appealing it becomes.
I’m not mindlessly bullish; I just feel that at this position, the risk is smaller than many people imagine. If you are fully invested waiting for a surge, that’s indeed precarious; but if you are like me, holding half a position and keeping some dry powder, this kind of fluctuation is actually a good thing.
In any case, one thing is certain: when others hesitate, it’s often when opportunities arise. This kid ETH, has a slow temperament but never arrives late. $ETH #ETH
