$ETH
Ethereum Late Night Analysis
Just now, Ethereum dropped, and then it rose again. The overall trend is currently bearish.
Brothers, I mentioned in my post this afternoon that we need to catch this. Go long at low levels and short at high levels.
Now the entire trend of Ethereum is down. Do you all feel like it will keep dropping and that we should short? Don't rush; Ethereum is showing a rebound phenomenon.
Bitcoin has been dragging Ethereum down. After the rebound, it will continue to drop. Tonight, it will break below 3200 and around 3150, brothers.
It will drop from 4:00 to 7:00 AM, then rebound at 7:00 AM.
When it drops to the support levels I mentioned above, it will rebound,
Resistance levels above are around 3300, 3410, and 3470.
Follow my thinking; basically, we eat meat every day. No one here wins all the time.
I have many years of real trading experience, having gone through three rounds of bull and bear cycles, with five years of contract experience and professional liquidation. I appreciate Little Qin's insights.