Now everyone is comfortable. The ETF of $ETH performed even weaker after landing, and it did not stop falling until it tested the support of 3053. Now the price has returned to the price before the decline. The price is still the same price, but the position is gone.
The market has been washed out to a great extent. The contract position of $ETH has been significantly reduced, and the exchange rate is also gradually declining. Funds are flowing out of ETH to other currencies. There were many people who went long and short yesterday, and they were wasting the principal of retail investors back and forth to prepare for the big move later.
Personally, I think there will be a small rebound in the market today. ETH will at least touch the price around 3240. The market will be more sluggish tomorrow and the day after tomorrow, but there will be some strong currencies. The best buying position of ETH is still around 3053.
