AIAndWisdomWalkTogether-

The drop shown in the chart above mainly has 3 reasons:
1. There is clear resistance above
That large red box in the upper right of the chart is, in essence, a resistance/supply zone.
Once the price moves up to there, it can’t rise further, so it’s easy to pull back.
You can understand it as:
Someone is selling above, and the buy-side order flow can’t push through, so it falls back.
2. After a short-term surge, profit-taking runs first
This is a 5-minute chart, and the fluctuations are fast.
After it has already climbed for a while, when it reaches a high level, short-term longs will first tak

Macroeconomic risk aversion triggers a technical breakdown
Ethereum drops below $2,200. The US-Iran ceasefire negotiations confirm a breakdown, Vice President Vance's departure statement reignites geopolitical risks, combined with the ongoing cooling of Federal Reserve rate cut expectations, leading to capital fleeing. ETH slides from the high of $2,325, breaks below the 50-period moving average at $2,242, and breaches the $2,200 level, marking the largest bearish volume since April 8. Highly leveraged long positions are liquidated in a chain reaction, causing a stampede, with the three main

#Gate广场四月发帖挑战 Real trading copy, performance can be checked

#Gate广场四月发帖挑战 There are gains and losses