#ETH This wave is too fierce!!!
This wave of bulls hasn't even warmed up, and a missile drops directly, causing the daily line to break through, evaporating over 100 points in an instant!
With this trend, the bulls didn't even have time to react, and there are many who got liquidated.
What to do now?
2570 is the key! If the four-hour rebound doesn't get past here, don't expect a big market movement; the momentum won't build up.
Be careful of a second dip!
If 2570 can't be surpassed, it's very likely that another wave will hit, with 2445 or even 2380 possibly becoming the next stop.
Bulls, don't rush! Don't rush to bottom-fish; wait for a second retest to confirm support before taking action, or you might get trapped.
Next, focus on two points:
Can 2570 break through? If it stands above, then a rebound has a chance; otherwise, it remains weak.
Will there be a second bottom test?
If another wave of selling comes, where will the real bottom-fishing opportunity be?
