1.8 Squirrel Market Analysis
Previously, we made several trades on the swings. The overall pattern is still a downward fluctuation, but this does not affect our ability to profit from it. The squirrel has moved from the support level of 0.72, slightly passing 0.68 and directly reaching around 0.60.
Due to the frequent entry and additional protection by bulls here, a 'reversal pattern' may form. Tomorrow, with the severe adjustment of Ethereum, a double kill of both long and short positions is very likely. If it continues to drop, it could reach around 0.47.
Once it reaches this price, most bulls will be powerless to recover, and at that time, we will consider going long based on various data. #山寨的春天