GrouchoMarket

GrouchoMarket

Observing what was happening before, without the need for too many indicators, you can see that the volume does not accompany the increases. So it is convenient to pay attention to a possible bullish trap. I am not at all suspicious of the ETH's upside potential but I think it is prudent not to get excited about the rapid recovery after such a rise. If this...

GrouchoMarket

Everything would indicate that there is no strength to keep going up, that there is no more gas. Since the miners began to sell their positions in December, an exit bubble was created to close positions. Once they finish liquidating enough (see MPI index (miners position index)), I believe that the price will be corrected to the level that the market considers it...