Talk about $ETH 's trend


Currently, from weekly and monthly charts, the structure is quite clear. The market is forming a relatively standard head and shoulders bottom. The left shoulder is around 2100, then the head was formed, and now the right shoulder is retracing but has not broken below the left shoulder's low point. This itself is a strong signal. As long as the neckline is effectively broken later, the head and shoulders bottom pattern is considered confirmed.
So if you bought ETH below 2000, honestly, there's no need to worry every day. Just hold it; the structure is in your favor. On the other hand, those who are afraid to hold and are hoping for a crash every day are most likely to be shaken out at critical points.
If you can't accept not buying at a low point and don't mind a slightly higher average price, and are pursuing certainty, that's also okay. The technical analysis already gives you the answer—wait for the breakout. Just be clear that once the neckline is truly broken, the price is likely already above 5k. At that point, you're buying the trend, not a low price.
The market is already very clear. Fantasizing about three-digit ETH every day is somewhat out of sync with the cycle. In the last bear market, ETH bottomed at 880, Bitcoin at 17,000, then Bitcoin dropped further to 15,000, but ETH's 880 never broke. This cycle just hit a new high and now people are hoping for three digits, which doesn't make sense logically. That's why I started dollar-cost averaging into ETH around 2000. It may not be the bottom, but it's definitely a worthwhile entry point.
If ETH drops to three digits, it means the entire market has completely collapsed. By then, you probably won't buy anymore; you'll just think it can still fall further. So instead of daydreaming about unrealistic scenarios, it's better to admit one thing: once the trend is established, be brave.
The market never rewards those who hesitate perfectly; it rewards those who dare to bet on the right direction.
ETH5.76%
BTC2.5%
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BraveTheWindAndWavesvip
· 12-17 10:28
Stay strong and HODL💎
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