🚨 Does VITALIK KNOW SOMETHING WE DON'T? 📉 Is ETH IN FREE FALL OR A GOLDEN BOUNCE?
The market is on fire and the trends don't lie:
#VitalikSells is the topic of the day. While the Ethereum Foundation tightens its belt and Vitalik moves millions, the chart of
$ETH tells us a story of survival.
🔍 Chart Analysis (4H):
Current Price: $2,342.69. Although we see a slight recovery of +4.57%, we are coming from a free fall from $3,045.
Bollinger Bands: We are struggling to reclaim the base (purple line) at $2,402. If we don't close above, the lower band at $2,133 remains a dangerous magnet.
RSI (6): At 47.13 points. We are in "no man's land"; neither oversold nor clearly bullish.
💡 What is really going on?
While many are panicking due to selling pressure, institutions seem to be using the #StrategyBTCPurchase to accumulate in the shadows while retail suffers. Is ETH a "historic discount" or the prelude to $1,800?.
💬 I WANT YOUR OPINION!
For my next analysis, I will choose 3 people from the comments to analyze the coin they request.
Respond down below:
Are you on the #HODL team or do you think ETH will see $2,000 soon? 🐻🐂
Which coin do you want me to analyze tomorrow? 📊
#MarketCorrection #VitalikSells #Ethereum #CryptoAnalysis
#StrategyBTCPurchaseBTC $ETH