Regarding Ethereum, I emphasized at the weekend that the bullish trend at the end of June was very strong. Not too many friends were trapped in the order. I personally don’t want to talk about the idea of ​​empty orders at the weekend. After the rise, it is inevitable that some people will criticize it.

Facts have also proved that there was indeed no effective retracement last night. The largest retracement during the day was only at 3530. Although 3590 was effectively suppressed during the day, it was directly broken on Monday morning. The price followed the trend and came to the short-term long-short differentiation point. However, the upper chips were not released at the first time. So the breakout on Monday morning may be more to lure more.

On Monday, we can clearly observe the suppression of the 3630-3650 range. There was no entity to stabilize the long-short differentiation point (3650) on Monday. So this week, before the rise, it will still follow the previous idea and finally fall. It is expected to find the second lowest at 3450-3400, which will also be a medium- and long-term layout opportunity.