#Gate广场四月发帖挑战 ETH Evening Chat | The volatility is making me almost fall asleep!

Damn, Saturday's market is just like this, dead or alive. Bitcoin isn't moving, and altcoins are just bouncing around within this range, trading back and forth all day without any clear direction.

Let's talk about something real:

Altcoins have 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 for that previous high at 2275—this is the fourth time hitting this level, damn stubborn.
Break through 2275 with volume, and the next target is 2314. Going higher, the arc bottom 1:1 can reach 2387, and Fibonacci 1.618 points to around 2398. It's not impossible to think about.

But brothers, if 2235 can't hold, don't be stubborn—look first at 2195 below.
Break 2195 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 out, on-chain gas fees are dead water, the big players don't have money to push altcoins, and I can't do anything about it!