#数字资产法案

5.2 Evening Market Overview: Have you grasped the patterns of $ETH ?

Yesterday, ETH followed Bitcoin for a surge, reaching a high of 1872.71 before starting to pull back; this has also been the short defense position we have emphasized over the past few days. Yesterday, the long position was taken down, and the short position was directly hit, marking the first time the back-and-forth between long and short was hit down on defense; currently, ETH's fluctuation range has also risen to the 1815-1872 range.

Currently, the support at 1815 needs to be tested multiple times to determine if it is viable, so we choose to make a breakthrough on the right side. If it successfully retests without breaking, we can enter in the direction of the trend or, if it breaks below and then rebounds, we can enter long positions, with a defense at 1784 and a target of reducing positions in batches near 1850-1860-1872; for short positions, we can ambush on the left side at 1850-1860, add positions at 1872, with a defense at 1881, and a target of reducing positions in batches near 1815-1784.

Today, a whale sold 6000 ETH with a cost of 0.31U during the ICO period, and the market has also borne the selling pressure. However, on the 7th, there will be an upgrade of the Ethereum mainnet, and we should expect a surge in the next few days. We still need to respect the market and act accordingly;

Pay close attention to the non-farm payroll data at 8:30 tonight. It’s difficult to avoid spikes up and down; either you need to act quickly to take a bite or wait in cash.

Friends passing by, please give a follow and like for my greatest support, much appreciated! The above information is only for market analysis and not as trading strategy; follow me to stay updated with daily news and position analysis, and the wealth codes you want. Remember to hit follow and like!