Evening Ethereum Layout on May 23:
Today was another day of decline from a high position, with Ethereum dropping over 200 points from a high of 2734. After 8 PM, it began to recover its losses. From a structural perspective, this significant fluctuation is clearly aimed at misleading good investors and taking down the indecisive bulls. The recent short strategy has not been very ideal, to be honest. If you can't beat them, join them, because I never kick a donkey. Without further ado, let’s be straightforward (the position can adopt a light head and heavy tail approach to leave opportunities for later).
Ethereum market price around 2576-2546 for long positions.
Additional position: to be determined in the comments.
First tier target at 2636-2606.
Second tier target at 2793-2666, structural position at 2756.