The bearish market still goes on and it does not seem really good for ETH as it looks like it will have a much worse correction than BTC.
If you hold ETH so then it is now a great chance to sell/short it. It also shows some signs of recovering but still looks like a bull trap. Volume is still decreasing and whales are waiting for the moment to short. When everyone is exhausted from this market they will hit it at the worst time when no one expects it. Be ready for it!
We can clearly say that there is no end to the bear market yet. It will go on for sure. It may recover at the end of September or beginning of October. Everyone is still having vacation and will not use it for cryptocurrency as it is still hard to pay for food/vacation/cars and so on and the price still changes so a lot of people are scared of it.
Sell/Short:
1. 342
Goal:
1. 132
If you hold ETH so then it is now a great chance to sell/short it. It also shows some signs of recovering but still looks like a bull trap. Volume is still decreasing and whales are waiting for the moment to short. When everyone is exhausted from this market they will hit it at the worst time when no one expects it. Be ready for it!
We can clearly say that there is no end to the bear market yet. It will go on for sure. It may recover at the end of September or beginning of October. Everyone is still having vacation and will not use it for cryptocurrency as it is still hard to pay for food/vacation/cars and so on and the price still changes so a lot of people are scared of it.
Sell/Short:
1. 342
Goal:
1. 132