Main battlefield, we go with the flow.

Ethereum had a drastic pullback yesterday, trapping many long positions at the peak. In the latter half of the early morning, the price of Ethereum showed signs of stopping the decline, and this morning there was a slight rebound. We exited our long position at 3490 near 3470.

In the short term, we are mainly focusing on short positions in batches, expecting the strength won't be very strong. It's recommended to short again at 4460/80, with a stop at 4515, aiming for 4350/4300.

(This rebound's ideal point is 4540, but the strength might not be that strong. We started entering in batches at 4480.) #美联储取消创新活动监管计划 #美国7月PPI年率高于预期 #币安钱包TGE #加密市场回调 $BTC $ETH