Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#ETH走势分析 $PIPPIN This wave of the market looks pretty interesting, and on-chain data shows there’s movement in the capital. Switching to the 4-hour K-line for observation, the downtrend is actually narrowing step by step. To be honest, a lot of people have probably been scared by this kind of thing, right?



When trading altcoins, you really need to understand the underlying logic. See the price soar and immediately open a short? That’s way too reckless. Especially when the hype is at its peak and on-chain funds are still flowing in, your short orders actually fuel others’ pumps.

Lately, I’ve been keeping a close eye on the major mainstream coins, and also watching the performance of a few strong assets. $ETH is also worth taking a closer look at.
ETH4.05%
PIPPIN4.39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ServantOfSatoshivip
· 11h ago
Is there some movement in the funds? Here we go again with the same old line. The last guy who listened to this is still taking losses.
View OriginalReply0
AlwaysMissingTopsvip
· 11h ago
Talking again about the story of short positions being used to cut retail investors in the opposite direction—indeed, too many people have fallen for it.
View OriginalReply0
TestnetFreeloadervip
· 11h ago
Short positions have instead become the driving force for others to pump the price. This is so true, haha.
View OriginalReply0
ChainMemeDealervip
· 11h ago
There are too many pitfalls with altcoins. For this PIPPIN rebound, I think we still need to look at the real on-chain capital flows instead of just guessing blindly by staring at the candlestick chart.
View OriginalReply0
SudoRm-RfWallet/vip
· 11h ago
Haha, another guy looking at the 4-hour chart. I agree with using on-chain data to make judgments, but to be honest, altcoins are basically gambling. When more funds flow in, it actually becomes even riskier.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)