🔴｜ETH analysis at night on February 24
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After waiting for a few days, the market finally reached a good position. It is expected that it will miss the opportunity in the front, so it is better to let the bullet fly for a while. The bullet is very expensive.
The currency circle never lacks opportunities, but it lacks patient people. I will not go long BTC at this position, but ETH is different.
Everyone has seen the performance of ETH in the past few days. The daily K chart and BTC are completely two different routes. This shows that the market believes that the current price of ETH is seriously undervalued.
👇🏻And ETH's recent K trend, it is obvious that the bottom of ETH is gradually being dragged up, and the top is also being pulled up. At this position, you are going long, which is very cost-effective, but even if you don't go long, don't chase the short.
Stop loss is set at the previous low: 2616
Temporary stop profit: 2850