Ethereum has been in a bearish trend for a day, touching the lower band of the trend line and starting to rebound, but a bearish line is about to get dumped at the upper band. Meanwhile, the weekend fluctuations are mainly due to retail investors, indicating that retail investors are continuously bearish and shorting Ethereum. The trend of Bitcoin is better than that of Ethereum, with smaller fluctuations and relatively lower risks. High short positions and low long positions; for specific points, check the previous update #Gate广场圣诞送温暖 .
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Ethereum has been in a bearish trend for a day, touching the lower band of the trend line and starting to rebound, but a bearish line is about to get dumped at the upper band. Meanwhile, the weekend fluctuations are mainly due to retail investors, indicating that retail investors are continuously bearish and shorting Ethereum. The trend of Bitcoin is better than that of Ethereum, with smaller fluctuations and relatively lower risks. High short positions and low long positions; for specific points, check the previous update #Gate广场圣诞送温暖 .