It's late at night, and this week has ended!
As retail investors trading Bitcoin and Ethereum contracts, we first need to understand the movements of large on-chain whales, and then reasonably allocate based on structural technical indicators and position management!
On Monday and Tuesday, Mr. Chen mentioned in the article that if we can reach 2680 this week, we can boldly short. Many people would think it would reach 2700, but that's not the case. The recent drop in Ethereum is not to facilitate James's short position; a larger part of the reason is due to the tariff incident. Reflecting back, the highest this week was 2679.88, and the lowest was around 2380. Mr. Chen observed that a top trader on-chain bought the dip on Ethereum based on the V-shaped structure, but he believes that Ethereum will still be a process of boiling frogs in warm water in the future! However, don't be too pessimistic!
Next week, Mr. Chen will still analyze whales and indicators in the fan's little nest to provide more accurate contract strategies!
