Hello, my fellow traders. I expect the market to start growing soon and I will describe why.
The crypto market is unregulated and there are a lot of manipulations there. It’s ruled by big money. And that’s the most important thing.
Many inexperienced investors were buying ETH at 1200 – 800 and most of them are exiting the market right now. They can’t hold because of enormous losses and they feel unreal pain.
And that’s what the whales are waiting for. They are purchasing… After the inexperienced investors leave, the market will start growing to attract fresh money. And it will be growing giving people new hopes. The whales know how to do this.
It’s time to look for the reverse and start opening long-term positions right now. Time to buy. Be wise and don’t just throw all your money. Look for the reversal patterns. The bottom is near.
Will there be new lows? Probably yes, we don’t know the future. But the fact is that the market is very deep. Everything is possible. But I doubt that it will happen. The whales know that it's easier to attract people if there will not be a total sale... The crowd must believe in the asset.
If you want to buy Ethereum I recommend using 50xExchange com. This is the first and the only Any to Any trading platform. You can buy ETH for any listed coin. Very convenient.