#ETH complex consolidation stage
2024-10-05

📊#ETH complex consolidation stage

🧠From a structural perspective, the adjustment cycle has become larger, so the possibility of quickly continuing the long structure is decreasing. And because of the weekend, we may squeeze the price to form an ascending triangle in the future, and continue to rise after breaking through the upper edge.

➡️However, it is observed that BTC has also reached near the resistance zone, and there is an expectation of a correction, so we may also be taken down. If you don’t want to bear the possible retracement during this period, you can continue to reduce your holdings by 30% and only keep 20%. Looking forward to achieving the last goal.

Let’s see 👀

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  BINANCE:ETHUSDT.P  