#MUA The trend must be seen from large to small, it is the clearest.
Today we won't mention #moco , let's take a look at #eth
First, look at the first weekly K-line, a wave of rise breaks through the previous three high points. Without strong capital momentum, it is impossible to achieve this; a strong upward wave has been established.
Next, look at the second weekly K-line, the densely traded area around 2500, many people might still remember this, how many people were bearish on Ethereum at this position? Baoyeye was bearish on Ethereum around 1500, remember? At that time, I even posted, saying to counter Baoyeye, to switch to Ethereum around 1500. The 2500 position is crucial; breaking upwards, now the weekly line has pulled back to this range, forming support.
Finally, look at the third daily line, supported in the 2500 range, and has drawn an upward wave, indicating that the market recognizes this support.
So now, if it continues to pull back and breaks below 3000, it is misleading you to get off the train. I believe the price will react soon.
The fundamentals are also good; there is really no reason to be bearish on Ethereum. As long as you are playing the trend, just ignore the current decline, hold the spot, refuse contracts, and you will win!
Myth Community, binding mainstream in the secondary market, using the fluctuations in the secondary market to drive the fluctuations of Myth MUA, and then through Myth's own mechanism, gradually eliminating large holders, alleviating market sell pressure, conducting deflation, and slowly pushing up MUA value. It's a great play, there are also many coins in the pool, with over 30%+ of coins in the pool, in a project for more than a year, having so many coins in the pool is also quite rare.