Adrian
@rezamirahmadi
1386 Following
186 Followers
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In terms of spot trading, the trading volume of ETH on Binance has already exceeded that of BTC, which is very rare, as the market cap of ETH is still less than 20% of Bitcoin's. However, the trading volume has surpassed, indicating that many people are buying ETH.
ETH has been consolidating at the bottom for almost a month, and a full-scale rebound shouldn't be too far off. Any short-term pullbacks are good buying opportunities. I believe that when ETH really starts to rise, it will be very strong because most people are stuck at prices above 3000 and are unwilling to sell at a loss. Currently, those who are not selling are diamond hands, while weak hands have already been shaken out. Therefore, at least until ETH rebounds to 3000, there shouldn't be too much selling pressure. 0 reply
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