Dip came much faster and quicker than most expected. but it was well needed to finally break through the ATH which will happen. Keeping things simple, ETH still has room to move downward, Ill look for the 1500 level for bottom... there is lots of fear in the markets. but one things is not dropping, the crypto holdings of investment institutions. This dip seemed to be catapulted by the whales in the game deciding now is the right time to dump the market and get better positions in these assets. This recovery could be slow but it can also shoot back like a bullet so watch out, most the volume on exchanges is still locked in stable usd, dai, or similar assets, so you can assume people are ready to jump back in in any second. BE ready.
Comment your ETH bottom!
Comment your ETH bottom!
הערה:
Textbook dip, on its way to ATHs