Judging from the recent trend, the market is still bullish. The daily line attempts to break through the Bollinger Band and the currency price has risen to the top from 27,000 last time. There is no sign of a significant decline.
On the contrary, Ethereum went through the last wave of pins at 1780 and then quickly fell around 1630 in a day and fluctuated upward. It is obvious that Ethereum has a sell-high and buy-low phenomenon. The market makers are shipping at high prices. Many currency friends who placed orders at highs of more than 1700 may still be trapped in it. above.
As long as the 1600-1620 support is not broken, it is recommended to choose the 80-point range to cover the position and wait for the counter-extraction to unwind. The operation suggestion is to go long when the market pulls back. The target does not need to be that big. Ethereum can be bigger. Since it was forced to sell heavily in the first round, there will definitely be a second time.
Suggestions for big pie operation: go long in batches in the 27900-27700 range, target: 28700-28500
Ethereum recommends: go long in batches in the 1630-1610 range, target: 1700-1680
