#Gate广场四月发帖挑战 ETH Soirée discussion | Volatility almost put me to sleep!


Merde, Saturday's market is always like this, dead or alive. Bitcoin doesn't move, and the second coin is just bouncing within this range, trading back and forth all day without any clear direction.

Let's talk about something real:

The second coin has actually formed a small W bottom inside, and the 2235 level has already been broken through. Now it's just a matter of whether it can hold.

As long as it stays above 2235, there's hope to reach that previous high at 2275 — this is the fourth time hitting this level, damn stubborn.
If it can break through 2275 with volume, the next target is 2314. Going higher, a 1:1 arc bottom could reach 2387, and Fibonacci 1.618 points to around 2398. Not impossible to imagine.

But brothers, if 2235 can't hold, don't be stubborn; first look at 2195 below.
If 2195 breaks again? Then this structure is done for, and we should look for 2160. Don't ask me why it's so weak, Bitcoin hasn't finished bleeding, on-chain Gas is dead water, the big players have no money to push the second coin, and I can't do anything about it!
ETH0,71%
BTC0,12%
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