#新币挖矿&盘前交易USUAL
Is Ethereum still the "King of Disappointment"? The truth under market sentiment is revealed!
Ethereum, as always, never misses disappointment!
It's not that Ethereum itself is not good, but that bad news has been flying all over the place during this period, and market sentiment has been hyped up again.
After six days of growth, Ethereum has now slightly adjusted back. Overall, its market value is about 377 billion US dollars, and it has fallen by more than 6% since Tuesday.
However, since the price of Bitcoin began to rise sharply, people have been less worried about the collapse of cryptocurrencies. Now the fear and greed index of Ethereum has soared to 78%, which shows how greedy people are.
From the technical indicators, the price of Ethereum has recently rebounded from the 200-week moving average, which shows that everyone's bullish sentiment has returned. Since the big drop on August 5, Ethereum finally broke through the resistance of 2800 last week, and the highest rose to 3449.
In the past two years, those small currencies have been catching up with Bitcoin. On the ratio chart of Ethereum and Bitcoin, a bullish reversal pattern has been formed, with support at around 0.034, and the relative strength index (RSI) is also rising, and the divergence is becoming more and more obvious.
So, the current trend of Ethereum is quite normal!
Those who play small currencies, don’t buy those "stalker coins" because you are afraid of missing out. The real altcoin season has not yet arrived. Besides, Bitcoin’s position as the leader in the small currency market has become more and more stable in the past two years, and so is Ethereum.
When there is a callback, David will take action, and this is not just based on faith...
If you want to seize the opportunity of this bull market, it’s too late to cram now. It’s better to find an expert to take you to get started quickly.
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