After the weekly level adjustment, it may also be upgraded to a monthly level adjustment, ETH is a typical example. So a few months ago, it was already in a death spiral, a trend that last occurred during the 2022 global bear market. On the short-term level, there is not even the most basic daily candlestick level rebound, all rebounds are at the 2-6 hour level. Therefore, there has not been a decent rebound for a long time, occasionally only a long wick candlestick spike upwards stimulated by the news, and then quickly falls back, just like taking Viagra is as ineffective as taking a laxative, unable to lift a pile of mud.
So, at this stage, some people are still bullshitting you that the bull market of ETH is still on, these people are blatantly bad.
