The recent trend of Ethereum indeed makes it easy to fall into a state of over-interpretation. When looking at the Candlestick Chart, whether it is a rise or a fall in the candlestick lines, it seems to suggest some kind of trend reversal signal. This psychological state is very common in a fluctuating market - when you have been following the price movements of a particular coin for a long time, you often find yourself becoming sensitive to any slight price changes. Rational analysis needs to avoid this "long wick candle" sensation and return to the fundamentals and key support levels.

ETH-0.29%
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