Don’t look at $ETH and think that because the price is in a downtrend, it’s already time to short and you’ll be able to cash in！！！
And to still be hard-headed about shorting—here’s the truth: the long positions haven’t finished running up yet.
Based on my layout strategy, Ethereum will still move upward for another round. I’m waiting for the buying pressure after the US stock market opens to push the market further upward to break out. Also, the institutional on-chain addresses haven’t shown any signs of depositing chips into exchanges yet, so it hasn’t reached the point that institutions are expected to distribute. That’s why I’m still bullish.
From the chart, this technical pullback has already ended. The upward trend is about to come again. The intraday chart shows a clear V-shaped pattern, so if you’re going to get on board to go long, act quickly. Next week, a sudden plunge will begin—because by mid-September, except for gold, other high-risk assets will all decline after the election.
That’s all my thoughts and trading suggestions for ETH—just for reference for everyone！！
#ETH突破$2300 #特朗普敦促国会通过Clarity法案 #比特币日内触及75500美元 $BTC $BNB
And to still be hard-headed about shorting—here’s the truth: the long positions haven’t finished running up yet.
Based on my layout strategy, Ethereum will still move upward for another round. I’m waiting for the buying pressure after the US stock market opens to push the market further upward to break out. Also, the institutional on-chain addresses haven’t shown any signs of depositing chips into exchanges yet, so it hasn’t reached the point that institutions are expected to distribute. That’s why I’m still bullish.
From the chart, this technical pullback has already ended. The upward trend is about to come again. The intraday chart shows a clear V-shaped pattern, so if you’re going to get on board to go long, act quickly. Next week, a sudden plunge will begin—because by mid-September, except for gold, other high-risk assets will all decline after the election.
That’s all my thoughts and trading suggestions for ETH—just for reference for everyone！！
#ETH突破$2300 #特朗普敦促国会通过Clarity法案 #比特币日内触及75500美元 $BTC $BNB
