🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Near the new highs, a sideways movement is needed to digest the huge rise of nearly two weeks. BTC has already risen nearly 40% from the bottom, and ETH has surged nearly 85%. The rise has been a bit too fast and urgent, and many people simply couldn't enter a position in time. Meanwhile, the current sideways movement will wash out short-term speculative profitable positions while also facing pressure from the new highs, with market makers choosing to consolidate in a sideways manner.
BTC is currently in a sideways trend, which will give alts an opportunity. ETH's strength will not stop here; previously, when there was FUD around ETH, a large number of speculative big players were washed out. This time, its explosion has just begun. This round of market has lasted less than a month so far, and usually, a round of market starts lasts from 3 months to 6 months. There will be many opportunities to make money in the next two months, so don’t miss out. If you don’t make money when the market is good, you will end up losing money when the market is bad.