The whole network is apologizing to #ETH, and I’m here to apologize too. Sorry, the apology is late because I just slapped myself for 2 hours~ Forgive me for thinking yesterday that "you" were going to pull back, but when I opened my eyes, it was over 3600. The next focus point - around 3710!
Cato_KT
Cato_KT17.7. klo 18.30
#ETH continues to maintain a strong upward trend, currently showing a stair-step upward movement on the 1-hour, 4-hour, and daily charts, with no obvious short-term "topping" signals. The three key levels mentioned yesterday, "3465", "3590", and "3710", have now reached the first one nearby, so pay attention to the turnover and trend at this position. It is important to be cautious, as the hourly and daily charts show signs of divergence and RSI overbought signals. Generally speaking, this indicates that a pullback and structural adjustment are needed before another upward movement. Currently, this stair-step upward pattern may require more positive sentiment or buying power to push it further; as the price rises, the pressure will increase. To put it bluntly, in this kind of trend, short sellers are losing heavily, bears are hesitant to act, and those who missed the opportunity are afraid to chase. As for whether this is a market manipulation theory, I remain skeptical.
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