I have been reflecting these past few days. Ethereum has risen from 1300 to where it is now, and on a weekly level, we can see that there have been three instances of a fall exceeding 10%: once in June, once in July, and now this time.

Many people panic when they see such a fall, wondering if there will be a crash.

But my personal understanding is completely different:
Aren't the last two times also the same kind of fall? What was the result? After the pullback, the market continued to rise. Every time the market is in panic, it is actually big funds washing the market and clearing floating capital.
This time it's more obvious, Ethereum has just touched a historical high, and it is perfectly normal to see a phase adjustment. The key is:
No major breakdown;
There is no panic selling with a stampede effect;
The overall trend is still in the upward channel.

So I won't panic because of this pullback. On the contrary, I prefer to see it as a "breather" to allow for a stronger rise later.
In a bull market, the biggest mistake is not to run during a pullback, but to panic during a pullback and give away your good chips.
#加密市场回调#