In the previous review, we wrote that the bears completed their game over $ 350, giving bulls a chance.
And the bulls of April totally used it.
Between the minimum at $ 360 and the maximum at $ 712, the already-accustomed 100% growth (or a 50% decrease from the maximum).
Now, as you understand, in order to grow further, ETH needs bigger and more powerful bulls. Since the price is much higher, buying former volumes is more difficult and there are more people willing to sell at this mark.
May’s greens are considered the most succulent and the most colourful, in the financial markets as well, so there is hope of bulls strengthening :)
On the other hand, bears gain strength in the summer. So, if we will see further growth in May, then there’s probably it will be played back in the summer.
And in the autumn there will be a new clash of forces between the well-known totemic animals of the market's driving forces.
And the bulls of April totally used it.
Between the minimum at $ 360 and the maximum at $ 712, the already-accustomed 100% growth (or a 50% decrease from the maximum).
Now, as you understand, in order to grow further, ETH needs bigger and more powerful bulls. Since the price is much higher, buying former volumes is more difficult and there are more people willing to sell at this mark.
May’s greens are considered the most succulent and the most colourful, in the financial markets as well, so there is hope of bulls strengthening :)
On the other hand, bears gain strength in the summer. So, if we will see further growth in May, then there’s probably it will be played back in the summer.
And in the autumn there will be a new clash of forces between the well-known totemic animals of the market's driving forces.
