#PNUT走高
#PNUT The situation is not good
Hey, everyone, let's talk about Ethereum's recent situation. Ethereum is facing a very difficult problem now. This problem has also been encountered by other currencies besides Bitcoin and Dogecoin.
What's going on? In the past three days, a not-so-good top pattern has appeared on the daily chart of Ethereum, like a hat that is about to fall off, which makes people panic. Moreover, it has fallen below the 5-day moving average, which is like a car that was originally walking steadily on the road, and suddenly took a detour.
If the price of Ethereum cannot rise back to above 3220 before the close of today, it will be like a person who has no strength to climb a slope, and it is likely to slide all the way down. This slide, the first possible low point is 3068, and if it is more severe, it may fall to around 2830, which makes people tremble.
Let's talk about the short-term situation. If the trend from 2 to 3 does not diverge, just like a runner suddenly slows down, then point 2 may be the beginning of the decline, just like a TV series, the plot suddenly gets worse, and the rest is not good.
So, the rebound after point 3 today is particularly critical, just like the last big question in an exam. If you answer it well, you may have a chance to hang around at a high level in the future; if you answer it poorly, you will have to fall all the way.
In short, we have to open our eyes and see how Ethereum will go next. After all, this rise and fall is like life, and anything can happen.
#Binancegets the highest rating from CCData
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