#MUA The trend must be viewed from large to small, which is the clearest.
Today we won't mention #FIL , let's take a look at #eth .
First, let's look at the first weekly K-line, a wave of rises breaking through the previous three high points; without strong capital support, it wouldn't be possible. A strong upward wave has formed.
Next, let's look at the second weekly K-line, the dense trading area around 2500, many people probably remember this, right? How many people were bearish on Ethereum at this position? Baoyeya was bearish on Ethereum around 1500, do you remember? Back then, I even posted saying to go against Baoyeya and switch to Ethereum around 1500. The 2500 position is crucial; breaking upward, and now the weekly line has pulled back to this range, forming support.
Finally, let's look at the third daily line, which found support in the 2500 range and has drawn an upward wave, indicating that the market acknowledges this support.
So now, if we continue to pull back and break below 3000, it means they are trying to trick you into getting out. I believe the price will respond 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 drop, hold the spot, refuse contracts, and you'll win!
Myth Community, binding mainstream of the secondary market, using fluctuations in the secondary market to drive Myth MUA fluctuations, and through Myth's own mechanisms, gradually eliminating large holders of coins, reducing market selling pressure, creating deflation, and slowly pushing up MUA value. It's an amazing play, there are also many coins in the pool, with more than 30%+ of the coins in the pool, a project that's been going for more than a year, and still so many coins in the pool is quite rare. $ETH