Good morning everyone. #策略性加码BTC Ethereum is currently trading sideways at this price level, seeming to be forming a bottom zone — but I have to say, there's something more to it. Is it really just a simple bottoming process? Not necessarily. This looks more like a trap to lure in buyers, so be cautious.
Keep an eye on the performance of $ZEN and $ETH these two coins as well. The market pattern is like this; a good-looking chart doesn't mean there won't be a dip later. Stay alert and don't be fooled by appearances.
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WhaleSurfer
· 01-14 02:42
The possibility of a trap is quite high, so we need to stay cautious this time. ZEN and DOGE are also full of tricks; the market is misleading.
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SatoshiHeir
· 01-14 02:33
It should be pointed out that your "pump and trap" argument actually exposes the flaws of fiat currency thinking. On-chain data shows that ETH's sideways movement is essentially a natural manifestation of liquidity concentration, rather than a conspiracy theory by market manipulators. It is recommended that you read the latest report from Glassnode.
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ser_we_are_ngmi
· 01-14 02:32
I've seen quite a few fake-out setups, but this time ETH's stance does look a bit like fishing; gotta watch out.
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OfflineNewbie
· 01-14 02:25
The trap of诱多 is indeed old, but there are still people stuck in the pit and can't get out.
Good morning everyone. #策略性加码BTC Ethereum is currently trading sideways at this price level, seeming to be forming a bottom zone — but I have to say, there's something more to it. Is it really just a simple bottoming process? Not necessarily. This looks more like a trap to lure in buyers, so be cautious.
Keep an eye on the performance of $ZEN and $ETH these two coins as well. The market pattern is like this; a good-looking chart doesn't mean there won't be a dip later. Stay alert and don't be fooled by appearances.