ETH has really waterfall-ed!!!
This time the Ethereum short position came a bit late, but it has finally arrived.
Last time I mentioned that Ethereum at 2740 is a strong resistance for this quarter.
The market is expected to rise and then fall back, so Mr. Chen heavily invested at 2690 with a 1wu, 100x short position.
Yesterday, during the weekend, Ethereum started to rise again and then fell back.
This round of decline has also reached my expected target around 2350.
Even lower.
But ETH is accelerating its waterfall.
BTC is accelerating its rise.
Is there a divergence here?
Today, Mr. Chen will analyze the upcoming intraday operations for ETH again.