A good question:
Why do I always describe future situations first, in plain language, yet it’s hard to understand at the beginning?
Then I only realize that other big influencers are analyzing well after things have happened?
Why?
Since the 27th, I started mentioning that ETH was cooling down.
#BTC
#ETH
Since the 27th, there have been mentions of short selling BTC, while institutions continue to show interest in ETH, and we need to see if ETH can support BTC against short selling.
Subsequently, ETH indeed strongly pulled up BTC for a rebound, and after 10 PM on the 28th, it was mentioned that the short selling pressure would be more significant on the 29th.
It was also noted that the exit of the short sellers could indicate a cooling off for ETH.
After 10 PM on the 28th, we can see that the buying pressure for ETH has cooled down, while the short sellers continue to exert pressure, quickly pushing the price down.
#BTC
#ETH
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