#ETH走势分析

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Market Interpretation:

Yesterday, Bishou asked everyone to open short positions near 3720-3750. At 12 o'clock in the morning, Ethereum fell to around 3655, and the position was found in the hourly chart.

There is about 70-100 points of profit space. Friends who opened orders with Bishou in the comment area yesterday believe that they all had good gains.

However, after Ethereum pulled back to the low point of 3655 yesterday, Bitcoin became strong and rebounded above 69,000, bringing the falling Ethereum back up.

The market did not choose to continue to adjust downward, but chose to oscillate in the 3650-3800 box range, which shows that the chips taken over at high levels are not enough for the main force to ship.

Next, the coin hand judges that the possibility of weekend volatility is still relatively large, and the market will slowly complete the conversion of the main high-level chips and retail investors, and ETH will eventually pull back to 3500

Ether ETF still needs more approval, because the previous wave was pulled too fast, and the big cake also pulled up very fast in February, and then it was unstable and retreated to 56000 before breaking up

Everyone knows the recognition of the big cake ETF. The funds brought are all in the scale of tens of billions of dollars. It is difficult for ETH to reach the height of the big cake funds

Conclusion:

ETH is also likely to continue this trend. The coin hand recommends opening shorts at highs. ETFs are bullish in the long term, and do not be blindly optimistic in the short term. Data shows that 80% of investors like to chase ups and downs. Then I ask you, if retail investors can make money so easily, what do institutional whales make?

ETH strategy:

Open short positions at 3750-3800, take profit at 3500-3600, stop loss at 3950-4000, open short positions in batches

The market is moving in a big way, so be careful not to short-term, because short-term is very easy to lose money, so it is more appropriate to operate with a mid-term strategy

The posting is time-sensitive, and the market changes with the news at any time. Friends who are not sure can communicate with the coin holders at any time. It’s okay to have a trapped order, and the big market is very easy to understand

Finally, I wish you all a long way in investment. #BTC🔥🔥🔥🔥🔥