It appears, my dearest reader, the sellers sit idly by, twirling their mustaches and sipping tepid tea, for they have not yet seized the initiative—according to that reputable publishing house, CoinStats. One can almost hear the gentle snoring from their corner of the marketplace.
ETH/USD: A Tale of Sudden Ascension 🚀
Ethereum (ETH), that shapeshifting creature of the modern bazaar, has—in an acrobatic fit—vaulted upwards by a daring 8.2% within only a day. One can only imagine the poor souls who went to sleep shorting ETH, dreaming of profit, only to wake up to financial tragedy worthy of a Dostoyevsky character.
On the hourly chart (which, in Petersburg time, changes more often than a bureaucrat’s excuse), the price, with grandiloquent bravado, has shattered the $2,000 barrier. Should the daily candlestick—like an honest civil servant—remain standing firm without a suspiciously long wick, there may well be a pilgrimage toward the hallowed $2,100 zone. The bulls are sharpening their horns; please secure your monocles.
Zooming out, as if from atop a misty Nevsky Prospect rooftop, one sees the price still far from those “key levels” whispered about in smoky taverns. Now, focus shifts to the closing of the daily candle and its peak—will it ascend, or will it slouch like a disheartened government clerk after payday?
If the candle lingers near $2,000, like a guest overstaying their welcome, we might see the price promenade even higher before the serfs have time to wash their boots for the weekend.
From a midterm perspective—yes, the one where no one remembers who promised what—the portrait remains as bullish as a Cossack’s handshake. Should the $2,069 barricade break, all the pent-up energy (and there’s almost as much as in a St. Petersburg queue) could propel ETH to test the parliamentary chambers of the $2,200–$2,400 district.
At the time of scribbling, Ethereum rests at $2,003—a sum that could buy a respectable overcoat and several suspiciously acquired meat pies in old Russia. Or, alternatively, one rather volatile cryptocurrency.
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2025-05-08 19:18