Although ETH formed a golden cross pattern on the 2-day chart, it is performing weakly on the hourly level and is not following BTC significantly. This is because there is selling pressure every time it rises a bit. ETH's weakness has not been for just a day or two; otherwise, how could I say that around 2420 in the first half of the year was the chance for long positions to escape and that 2770 is the ceiling of ceilings? It would take huge favourable information to achieve that. Therefore, going long on ETH in the short term is torturous; it's moving too slowly, making it almost indistinguishable from not entering a position at all. It would be more comfortable to simply place a short order near the recent resistance level and wait for an opportunity from a higher position. For newbies and small to medium-sized investors, it is sufficient to go long on BTC at this stage; if the leader BTC cannot perform well, then there's no need to discuss other coins. In a volatile market, the safest option is to stick with the most stable coin based on risk aversion. Is there anything else besides the leader BTC right now? Nothing.

ETH0.43%
BTC0.2%
VOID69.42%
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GateUser-95194dd2vip
· 2025-03-25 00:14
Gate Wallet proudly presents the Meme Coin Trading Compensation Event. Just make a few trades during the event period, and you could receive up to 100 USDT as compensation. No need to worry about trading risks—we've got you covered.
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GateUser-ecb466b3vip
· 2025-03-24 21:02
interesting post, thanks for it
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100UDailyWinvip
· 2025-03-24 02:26
How much is the ETH air drop today?
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