#ETH创历史新高

Ethereum surged to a peak of 4960 and then rapidly fell, reaching a low of 4710. This drop, from the current perspective, is considered a normal correction. However, from a technical standpoint, it effectively disrupted the upward structure. What we need to pay attention to next is whether there will be an effective break below 4730 on the four-hour level. If it breaks, we must guard against a three consecutive declines on the four-hour level.

The views are as follows:

1. Look for high short and low long positions; if you don't understand, watch more and trade less, primarily focus on rebound shorts;

2. This morning, Ethereum plummeted, and many small coins followed suit. At this time, pay more attention to the coins that stand out; always remember that this bull market is a bull market for Bitcoin and Ethereum, not for altcoins;

3. Ultimately, Bitcoin led the decline, and it is highly likely to break previous lows heading towards 100,000. One must have this risk expectation. Whenever you become complacent, think about how bulls handle bears, and understand how bears will handle bulls;

4. Bitcoin range 105000-114500

Ethereum range 4500-4800