Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Ethereum's recent trend is worth paying attention to. From a certain period, ETH's continuous rise was mainly driven by expectations of Federal Reserve policy. However, as various positive factors gradually materialized, buying enthusiasm began to cool down. The market sentiment has experienced a subtle shift—profits accumulated earlier faced profit-taking, and the trend has entered a correction phase from the upward channel.
According to some traders' retrospectives, investors who decisively took profits and exited during this adjustment locked in good gains (it is said that some successfully cashed out at the 1200 USD level). The logic behind this is actually simple: when market hotspots shift and incremental funds are limited, taking profits in time is wiser than stubbornly holding on.
The next question is, will ETH continue to bottom out, or is this just a short-term correction? Market participants are looking for the next opportunity to position. In any case, this transition from rise to fall often tests traders' mentality and decision-making skills the most.