存活了8年的老韭菜

存活了8年的老韭菜
Only flatbread, ether
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Let's talk about Ethereum again. The premise is that it's not a bull return. Ethereum's monthly closing this month must be below 2100; otherwise, there will be no possibility of a new high next month. The probability of that is low, and the only possibility is that it will drop below 1900 next month. All of this is based on the premise that it's not a bull return, and it still belongs to a volatile market!

The hidden dangers of the weekly chart have passed. After briefly surpassing the previous high, it has come down. Closing above 7.37 will definitely lead to surpassing the previous high. Fortunately, it hasn't gone up too much yet. Currently, there is still a hidden danger on the monthly chart. If it closes above 6.82, there is a high probability of reaching a new high, unless the next monthly candle opens with a drop and breaks below the previous month's lowest point of 6.56!

Here, it's just a matter of judging whether it's a bull reversal or a continued consolidation. A bull reversal here would mean an absolute low point for the next four years, while continued consolidation would indicate an absolute high point for the next few months! However, the bear market has ended; it just depends on when the consolidation will end!



