Today's market fluctuated slightly, and the overall trend was to wait and see.
A midnight review to see if there is any action in the early morning!
From the perspective of Ethereum, the general trend is very good, and it is rising gradually based on the rising trend line. Although the rise on June 15 did not hit a new high, it does not mean that there will not be a rebound in the later period. Therefore, there is still room for Ethereum to rise in the future.
There has been a lot of capital inflow into LTC and BCH recently, and it is difficult for large funds to flow into Ethereum in a short period of time, resulting in a small floating range. You can wait for the hot coins to cool down before ambush Ethereum.
From the trend point of view, the defensive point relying on the rise is around 1700. Once the price hits a mid-term correction, it will give you an opportunity to get on board. You can enter the market directly without hesitation. The upper high point is suppressed at 2020, which is the second highest in recent times and also the high point suppression of the daily line history. It is a consensus high. Once it is touched, there will be selling pressure. You can place an order to arrange a short position.
The recent market has been volatile, and a breakthrough opportunity may occur at any time. Placing an order is a better decision to avoid missing out on the market, and at the same time avoid entering the market too early and waiting to suffer.
For specific real-time layout and ideas for how to get out of the predicament, you can contact me privately!
