#ETH $ETH

《Market Analysis》

Bottom-picking, still need to wait.

But according to historical experience, after a sharp drop with a big negative line, there are generally two situations:

① At least a few days of wide fluctuations at the beginning, and finally a positive line,

But it is very likely to lure more, which is an opportunity to go short.

② It is also oscillating, but the amplitude is very small, which is more dangerous. Maybe this is just a downward relay, then you have to continue to find the bottom below.

《Trading Ideas》

Don't rush to rush after the big drop today, observe for a day or two.

Rushing in now will not give you an immediate rebound or plunge. Having a position will also affect your subsequent judgment and emotions, unless you want to do a short-term of dozens of points.

At least you should be able to observe the high and low points of this local oscillation. Then try to buy more near the low point, there is a point advantage, and the stop loss range is small.

I am cryptochao, follow me, and continue to share the ETH market tomorrow. Let us wait for the opportunity to trade together.