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What is a bull market?
In a bull market, the entire crypto space is bait, fishing for the greed and impulses of people around the world. 😁
Next, Shen Lang will share some practical insights with everyone—no harsh criticism if you don’t like it~
When analyzing a coin, you shouldn’t just focus on price movements.
You need to look at the overall market trend, market capitalization fundamentals, potential risks, and changes in market funds and sentiment. These are the core factors for judgment.
Here are my reasons for confidently going long on $ETH these past two days:
1. The short-term accumulation of Bitcoin has basically been completed, and funds are starting to rotate into Ethereum. There’s also a clear upcoming wave of price correction. The 2000 level has shifted from a resistance point to the strongest support at this stage.
2. Currently, going long on ETH offers ample swing trading space. Conservatively, there’s still 1–2x potential. The first target is set at 2080–2100.
3. Although there is short-term resistance around 2050, the pullback space is limited. Plus, yesterday’s large net inflow of funds into Ethereum spot ETFs indicates a clear bullish trend.
4. Lastly, a sincere word:
In this market, prudent trading is the way to go further. Surviving is always more important than making quick gains or losses.
I am Shen Lang, a veteran player who has been rooted in the crypto space for many years.
If you like what I share, please follow me. Let’s stay steady and make profits without falling into traps. #BTC #伊朗在霍尔木兹海峡布设水雷