The last 800-point crash of Ethereum at $ETH should be deeply remembered by everyone. During the decline, I urgently published an analysis explaining why it was a normal correction and provided an accurate pin-pointing location in the 2140 area. This time, I will give a few key large-scale bottom-buying areas in advance. The monthly level has already broken through; as long as there is a significant pullback, it will be a buying opportunity. If you are a high-leverage player, I suggest you reduce your actual leverage to below 3 times. First is the 3-day line level; friends who have been paying attention to me for a while should know that I often say to test previous daily highs. Regardless of the coin, a retest is necessary. Therefore, when DOGE was at 0.48, I directly predicted a drop to half. Moreover, I reminded multiple times within a month. Similarly, Ethereum also has the possibility of testing previous daily highs; once it reaches that point, we will buy in batches.
Key points to focus on:
Daily level support 4090~4000
Monthly level support-resistance swap position: 3800~3750
A drop to 3750 is a normal correction range, provided it is a pin drop and does not break down in entity. Currently, I am doing long anti-single trades; don't be scared by what I post. If forced liquidation is below 3750, you can reduce your position.
Everyone, take a look at the third chart. What I'm saying is well-founded. Every time Ethereum breaks through at the weekly level, there is usually a subsequent weekly pullback test. Therefore, I believe this time there should be one as well; this is a healthy correction. When it reaches the level, we will buy in; my personal suggestion is to buy spot and then use 2x leverage on the capital.