Brothers, here I come

Sorry for not updating for a day yesterday

I will punish myself with three cups

Today is all about dry goods, come quickly

In the early morning of today, Ethereum reached the short position target price that I mentioned repeatedly before as expected, but it ushered in a wave of rebound in the morning. Let's focus on what exactly this rebound is today?

Friends who are familiar with me know that I never like to beat around the bush. From my technical point of view, this rebound is just a strong rebound after hitting the monthly support! In other words, I am still bearish! But it is by no means a mindless bearish without a premise! The specific analysis is as follows:

First of all, the premise of continuing to be bearish is to break through and stand firm at 3442u. If this position is stable, there will be a chance for short positions. Then continue to stand firm at 3390u, that is, it must be short, and the force will not be small! Therefore, friends who want to short should not be blind, and carefully observe the above points. I hope you all get what you want.

Air Force can watch the market after listening

The next topic has nothing to do with you

Of course, there are also many friends who are bullish at this position, so I will give some reasonable suggestions and analysis to the bulls next.

This is actually a watershed, and the possibility of a reversal cannot be ruled out. So friends who are long should first pay attention to whether Ethereum can stand firm at 3532u. If it stands firm, there is a chance for the long army! Then continue to 3574u, we can let the air force go, and the position of 3574u will become the key to whether we can usher in a long market. In fact, the next pressure level for the long army can also see 3650u, 3747u, 3885u, 3943u... But the road must be taken step by step, and it is easy to pull the balls if it is too big.

After a day of suspension, I can't help but want to tell you more

In fact, both long and short are right, there are more shorts and more shorts

This is indeed a place where the market changes easily

Don't choose the direction easily, strictly refer to my analysis, and don't make contrarian orders

The deduction of Bitcoin is in the next article, click on my homepage to view