BREAKING
207d 23h ago

ETH Takeoff Signals Industry Bull Market as LD Capital Founder Urges Investors to Follow Wall Street Trends

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

LD Capital founder JackYi recently emphasized on social media that traditional technical analysis may be losing its relevance in the current crypto market environment. He reinforced his earlier guidance advising investors to avoid short positions, highlighting that major influences such as Wall Street and key political figures like Trump are shaping the prevailing market dynamics. According to JackYi, retail investors can effectively align their strategies by closely monitoring these macro factors rather than relying solely on chart patterns.

The ETH/BTC exchange rate is demonstrating signs of stabilization, suggesting a potential normalization after recent volatility. This adjustment is seen as a precursor to Ethereum’s anticipated upward momentum, which could catalyze a broader bull market within the blockchain sector. Such developments are expected to create favorable conditions for market participants across the industry, reinforcing Ethereum’s pivotal role in driving sustained growth.

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