$ETH 3000 points, breaking through is thinner than paper.
Waking up early and seeing 2910 points, I am not surprised at all.
Two days ago, I called a short at 3230, and some even called me a “dead bear,” confidently claiming that 3200 was a solid bottom. Now, the once “ironclad” bottom has become an insurmountable ceiling.
From 3400 to 2900 in this waterfall, how many of the so-called “value investors” trying to bottom fish have been buried? In this market, respecting the trend is more important than holding onto beliefs.
Don’t rush to take the knife. Going bottom fishing now is no different t