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ETH's Year-and-a-Half Washout Leaves Traders Exposed

During a clearing phase, ETH underwent a process that lasted a year and a half, which ultimately resulted in me being driven out.
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AI Analysis

Ethereum (ETH) experienced a significant period of market consolidation and distribution, often referred to as a "washout" phase. This prolonged process, lasting approximately a year and a half, indic...

AI Recommendation

Given this prolonged washout phase, it's essential for traders to reassess their positions and consider whether the asset has reached a bottom or is in a phase of accumulation. If evidence suggests th...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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