How does ETH look today?
Yesterday we went long on Ethereum, aiming for a take profit around 2685
The highest was 2710, but at 9:30 PM it reached the take profit of 2685 right on the dot
Then there was a rapid decline
From the extreme position of 2710, it has already been the last resistance of the week, and today the market will eat away at the bulls' profits, leading to some short position replenishment
However, if the position at 2600 below cannot be held, the market will continue to retract
The first support for ETH this morning is around 2625, with the second support approaching around 2600
So the overall strategy today is still to maintain high-level participation in short positions
If it can come down to 2570 or even a bit lower, I will consider participating in long positions in the short term
Otherwise, if it doesn't reach an appropriate psychological price, I will also wait and see
The updates here are a bit slow!
But every article will be connected, so pay close attention
