As the second child in the currency circle, Ethereum’s current rise does not match its status
Friday, January 1, 2021, November 18th of the Lunar Calendar [Gengzi Year Wuzi Month Jiyou Day]
Summary: How do you see the trend of Ethereum? Will Ethereum continue to rise? Will Ethereum Break Through All-Time Highs? Will Ethereum fall first? How long can Ethereum go up? When will Ethereum break through $1,000? What is the future of Ethereum? Is it up or down? Why does the market fall when I go long, and rise when I go short? Is the dealer staring at me?
*******************Easy Day Essay (Aphz8705)********************
Recently, with the strong rise of Bitcoin, Ethereum is not far behind. Although the historical high of Ethereum is 1422 US dollars, it has not broken through so far, and even the current rise can only reach half of the historical high, but as long as the digital currency market Keep singing hot, then it is only a matter of time before Ethereum hits a historical high again!
On October 29, 2020, when the price of Ethereum was in the range of 380-390, I said a word in my circle of friends: Ethereum below 400 is very precious;
I believe that old friends who have followed Yitian for a long time must know what Yitian said, or new friends can also search the Internet to verify whether Yitian is lying!
Although the upper space of Ethereum is very sufficient, in recent months, Bitcoin has started a sharp upward trend from the 10,000 yuan mark in October. In just three months, it has reached the 29,000 mark. The increase rate reached nearly 200%, an increase of 19,000 US dollars; but compared with Ethereum, it is much worse;
Especially when Bitcoin broke through the record high of 19,875 US dollars, Ethereum was still hovering around 630; when Bitcoin rose by 100%, Ethereum only rose by almost 200 points. Compared with it, it is indeed a bit unlike the currency circle the second currency;
But even so, it cannot be denied that Ethereum is at a low position in the currency circle; when Bitcoin is so powerful, when most investment friends transfer funds into the Bitcoin market, there are still many loyal fans operating Ethereum;
According to Mr. Yi Tian’s analysis, the most important and fundamental reason is that the price of Ethereum is very cheap compared to Bitcoin, and most investment friends can intervene in the operation; compared to Bitcoin, the current price is indeed very low. High, even if everyone knows that it will continue to rise, they still want to enter the market to make profits, but they always want to find a suitable low point to intervene. Often the market is waiting for you, and a wave of sharp rise has arrived!
In an article this morning, Mr. Yi Tian has already given a clear point of view that the $30,000 mark of Bitcoin will be broken, but the time issue may have to wait; compared with Ethereum, the high point of last month will be broken!
Speaking of this, many friends probably have doubts, why are there recent trend analysis, but no previous disk analysis?
That's because both Bitcoin and Ethereum have been breaking through the previous highs recently, and various indicators have been distorted, and there is not much reference value. Analyzing the disk indicators will only have a negative impact on our transactions, so follow more For analysis, Mr. Yitian always refers to the data surface and market environment!
So next, you can discuss whether technical indicators are useful? What role does it play in judging the current trend of Bitcoin or Ethereum?
