【The possibility of Ethereum reaching the top is relatively high】The profit from shorting Ethereum here is greater than the risk! This is not the top, but it's not far from it! I have already taken profits and cleared my position in Ethereum that I bought near 3354!
The short position at 3935 has already reached the breakeven point, and the cost basis for my Ethereum short position has been adjusted to 3990! Not bad! According to the latest strategy, I will continue to add to my short position between 4050-4090! If it doesn't effectively stabilize above 4100, just hold on!
The greed index is around 74, not far from extreme greed at 76! There is no difference between 74 and 76! Every time it approaches 76, it has been a top!
StochRSI has also reached above 92.46, and every time it goes above 92.46, Ethereum has reached a temporary top! It only takes one medium bearish candle to confirm the top.