#ETH# Looking at the small level of Ether, it has dropped from 4500 to 4000 and has not been able to break through the 5m Bollinger Band. Currently, there is a trend to hold above, let's see how the US stock market opens later and how the Americans play.
This wave of market action directly reminds me of the crash after the release of the Bitcoin spot ETF. Once the good news came out, a large number of retail investors chased the rise with high leverage, instantly pushing it up to 48000. Then, institutions sold off, crashing it down to 38000, leading to a wave of liquidations. After that, i