Ether's short position at the 2480 level given yesterday also has a 100-point range, and the market has been falling as predicted by Luyao.
After a strong upward surge on the four-hour chart, there has been no pullback, and it has moved up in small increments. Although such a candlestick pattern has a high probability of leading to a big bullish candle afterward, the current candlestick's closing pattern is also very important. If it maintains its current state or closes with a bearish candle, it indicates a weakening of bullish momentum, increasing the probability of a correction.
Ether can take a short position around the 2450 level, targeting 2300, and if it breaks that, then the target is 2000. Please strictly manage your stop loss at $ETH #剥头皮策略 .