Observing what was happening before, without the need for too many indicators, you can see that the volume does not accompany the increases. So it is convenient to pay attention to a possible bullish trap.
I am not at all suspicious of the ETH's upside potential but I think it is prudent not to get excited about the rapid recovery after such a rise.
If this continues, it is very likely that we will see a price correction in a short time.
Another issue to take into account is that bitcoin is being operated with a lower level of leverage, a sign that I interpret as caution.
I am not at all suspicious of the ETH's upside potential but I think it is prudent not to get excited about the rapid recovery after such a rise.
If this continues, it is very likely that we will see a price correction in a short time.
Another issue to take into account is that bitcoin is being operated with a lower level of leverage, a sign that I interpret as caution.