Don't waste every crisis, Churchill. Brothers, yesterday the big pancake Ethereum leaked, and many brothers panicked, but that's not the case. The market is just a normal volatility, as mentioned yesterday, ppii is just a trigger.
Around 117000 is a relatively good position to catch the dip, and I informed everyone in advance. The lowest point reached around 117000 in the early morning, currently reported at 118500. Brothers who entered should have made a small profit of 1500 dollars. Ethereum was mentioned to enter around 4450, currently rebounding to 4590, making 140 dollars. Crisis and opportunity coexist, brothers, if your heart is filled with fear, all you see are crises. The only trick in playing B is to believe first and then see; without new insights, you won't profit.
This wave of pullback mainly aims to correct the daily MACD top divergence. As mentioned yesterday, in the coming week, it is believed that the greater likelihood is leaning towards sideways correction or weak rebound. There won't be a large pullback, but small declines may find support at 117000, 116500, and 115500.
These three positions remain critical; if it doesn't go down, it is the low-buying position I mentioned yesterday. Ethereum is small, making it easy to rally.
Here, we won't be so certain, but at least two nodes, 4400-4450 and 4000, are places where we can gradually build up spot and medium to long-term positions. Today, let's focus on the above key nodes, adopting a strategy of catching the dip first.
Catch near 117500, add near 117000, looking at 119000 with strong momentum to 120500.
Catch near 4540, add at 4510, target 4660, strong momentum to 4710.
At the upper level 119300, if the level of 4670-4700 doesn't break, we can directly reverse. If accompanied by increased volume, we can continue to hold; if the rebound is ineffective, we look to reverse down to 117000-116000/level 4100.