I need to tell you guys a little something about Ethereum. The price did indeed break down. If you insist on asking if it will rebound, yes, it will. But I don't want you guys to develop the bad habit of holding onto losing positions. Our strategy this time was to withstand the first wave of attacks, get scared to 2153, and then accurately add to our position before reducing our holdings near our cost price to prepare for a second round of consolidation.
However, after the second dip, there's still no reversal signal, which isn't good news. I've chosen to close the position. Like I always say, right is right, wrong is wrong. I can't just say I exited without telling you guys, and then later say I took profits when the price goes up – that's meaningless. Guys, wait for me to do a post-market analysis and pull off a surprise attack.
#ETHTrendAnalysis #MarketDynamics