๐ฅ ETH suddenly surged! $2200 finally broke, the shorts exploded!
Wow, this wave came too suddenly! When I was just checking the data, I was directly stunned, ETH really rushed to $2200! Binance is now at $2200.52, Bitget has already reached $2201, with a 24-hour increase of nearly 5%!
Brothers, the key is not this number, the key is how it went up! Last night it was still hovering around $2130, with a bunch of people shouting 'short on the rebound', but this morning it shot up directly, leaving all the shorts hanging halfway up the mountain. This kind of trend, those who understand, understandโbig players are clearing leverage.
Now the most exciting part is coming: on Wednesday, the Federal Reserve will announce the interest rate decision, and the dot plot will also be released. What is the market betting on now? Is Chairman Powell going to soften his stance? If he turns dovish, donโt say $2200; $2390 might be the next stop. Technically, if this position stabilizes, we could really see $2390.
But I have to be honest, in times like this, you need to stay calm. How many people got washed out by the repeated spikes at $2130? Now chasing highs is scary, but not chasing is also worrying about missing out, itโs really uncomfortable. My own strategy is: donโt chase at the current price, wait for a pullback to the $2150-$2180 area and then reconsider.
Remember, brothers, FOMO is the source of losses. Did you get a piece of this wave? Tell me in the comments, did you miss out or hit the bottom accurately? #ไปฅๅคงๅ #ETHETFsApproved #ETH
