🗒 Gate.io Suggested Topics Posting Event: #Ethereum Pectra Upgrade#
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The Ethereum Pectra upgrade goes live on May 7, bringing improved account features, better validator experience, and L2 support. Will it boost ETH’s price? Share your thoughts, predictions, and trading strategy with #Ethereum Pectra Upgrade# for a chance to win $50!
⏰ Event Time: May 6, 4:00 AM - May 7, 4:00 AM (UTC)
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After two days of downward movement, this morning finally saw a decent fall!
The restless heart, trembling hands, many people are about to become fuel again!
A fall is for a better rise. This wave of leveraged long positions has basically been completely wiped out, lightening the load for the upcoming charge. At the same time, this wave has given the bears enough confidence. After enduring a downward movement of 20,000 points, we finally see hope. Now we are adding full power to chase the shorts. Currently, the market sentiment is like this: the bulls have been completely wiped out, and the bears' confidence has doubled. What the market needs for a big surge is just this kind of result. The fuel for the bears is the power of the rise. With the interest rate meeting on the 8th at 2 PM, the entire market is currently bearish. Only the old 9 continues to be bullish. When you are caught in it, all you see is the current downward movement and the fear of heights, so naturally, you can't understand the intricacies of it. In a word, everything is left to time. How much slander the old 9 can endure now will determine how much praise he can accept in the future.
Gold will surely soar in May, those who short it will be buried in May!
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