6.17, 8 PM, let's analyze the current market situation! (There are two important pieces of information!)

$ETH has no news impact, the bulls remain strong; the news impact only accelerated the pullback, and it has just returned to the daily support level. If 2500 holds, it will be a short-term bottom. Buy around 2520, with a stop loss at 2500. This is the direction for tonight; regardless of the size of the position, just set a stop loss at 2500. Furthermore, the global political situation is unstable, and there is a fear of sudden market crashes, so place fewer orders. I still won't short, but I'm not an absolute bull; it's just that currently, the risk-reward ratio for going long is higher than for going short.

$ETH Ethereum might need to revisit 2400; just be cautious of the risks and maintain a low long position. As I said, we can't keep hovering in this range; we either surge or face a market crash. The likelihood of a crash is smaller than that of a surge, unless there’s a sudden market crash. If 2400 breaks down practically (the last crash was due to war, and it quickly rebounded, so it doesn't count as a practical breakdown). Altcoins have already dropped significantly. Now it's mid-June, and by the end of the month, there might be some altcoin rallies. With a small position, buy a few on the dips, entering a bit every time it drops 3%. Holding long, by the end of the month, you should be able to earn a good amount!

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