Liquidity in the market weakened over the weekend, with a total of 74,696,630,935. The position at 2.5K has not fallen, indicating that there has been protective capital in the ongoing contest between bulls and bears. Additionally, there are a large number of short liquidation chips in the 2570-2600 range.
Dong Ge believes that liquidity on Monday will definitely be slightly better compared to the weekend, and that after the U.S. stock market opens tonight, the market will break through to around 2580 to liquidate these shorts and then trend downwards!
Therefore, today the main goal is to go long on Ethereum, aiming to buy near 2510-2525, with a target around 2580.