Yilihua: ETH Shows Strong Momentum, Consolidation Nearing Its End, Avoid Shorting in a Bull Market
Odaily Planet Daily reported that LD Capital founder Yihua Yi posted on the X platform, stating, "ETH's strong momentum is nearing the end of its consolidation. This was originally a major resistance level and a collective breakeven point for many OGs. In a bull market trend, regardless of any negative news, do not short and try to avoid shorting. Stick to the principles of trend investing."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: The market is betting on $80,000 as strong support and $100,000 as strong resistance

Santiment: "Buy the dip" strategy is fading as Ethereum approaches the strong resistance zone at $3,200
Arthur Hayes: Maybe Monad can unlock all tokens and retain users, challenging Ethereum and Solana
Hyperliquid confirms that 1.75 million HYPE tokens have been unlocked for developers and core contributors.
