Yesterday during the day, I said that those heavily shorting ETH in the square would quickly be in trouble. Right? The 4-hour death cross during the day yesterday was indeed a bit scary, but many people overlooked one point: the BTC market is strengthening. With the market strengthening, how could ETH drop unilaterally? Moreover, yesterday was Sunday, and it is quite normal for some major players in ETH to come in and out, which does not affect the main direction.

Yesterday, I accurately predicted that the ETH 4-hour death cross would be resolved and would not lead to a deep drop. Do you understand the logic that breaking 4266 can lead to chasing the rise? 4266 is the golden ratio point of yesterday's fluctuation; breaking here means the bulls will turn strong, and it can recover all the small bearish candles from yesterday.

This morning, it quickly returned to 4330 and will continue to reach new highs, right?