#加密股IPO季 8.6 Morning Market Overview: ETH Short Position Earned 100 Points, Continue Holding
ETH shorted at 3675 yesterday morning, gaining 100 points in profit, and is still a few points away from the T2 target of 3535, continue holding; if you don't want to give back profits, you can exit at market price directly, or defend your cost and continue to see 3535
ETH is currently in the middle position of a bullish descending wedge, at this time it is advisable to observe the market trend; a short position can be chosen at the upper edge of the channel, a long position can be chosen at the lower edge, and the middle position is for those who can’t control their hands; it seems that ETH's correction is not yet in place, perhaps it will continue to correct and form a反V second test bottom support near 3477 and 3425
Wait for the trend line and resistance to resonate at 3631, break through and then fall back to short in the trend, defend at 3675, targets at 3576 and 3535; if it truly breaks above and stabilizes, go long in the trend, defend at 3598, targets at 3675 and around 3700; low-long ambush one hand at 3477, defend at 3425, targets 1:1 then look at 3636
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