ETH has been chasing shorts from 2648 as Lao Lin said last night, and the lowest point has reached 2552, which is also the place where the previous wave was drawn. This wave has been sideways around 2590. From the perspective of the long-short ratio of opening orders, the long-short ratio of ETH in one hour is 56.42 for long orders and 43.58 for short orders. Obviously, most people are buying long orders at low levels, so Lao Lin believes that this wave may continue to fall for a while. This wave of longs needs to be cleaned up before it can pull up.
The next step is to open longs at 2565/2532 respectively, and stop loss at 2500. If the shorts break 2500, the market will go out of a bear market. At that time, we can stop loss and short. After all, no market is 100% correct. If you are wrong, you must correct the direction in time to make money in this adverse market. Don't open the wrong direction and resist the order, which is the beginning of tragedy.