I have always said that Ethereum is useless. Even when Bitcoin broke through 108,000 before, how much did Ethereum rise? However, when Bitcoin pulled back, Ethereum became even more useless.

Since Ethereum fell from 3740 the day before yesterday, look at the 4-hour chart trend, it has closed 11 consecutive negative lines [haha]

However, now that it reaches the 3300 mark, don’t chase the shorts. If you want to short, wait for the rebound before shorting.

You can be aggressive and buy more now. Now buy more at 3346-3340, and stop loss at 3290. Remember last week, Ethereum was holding at the 3300 mark, and then rose to 3700. So now even if you are bearish near the 3300 mark, don’t chase the shorts. The rebound target is 3410-3430 first

Short orders are recommended to rebound at 3430-3450, stop loss 3492, target 3310-3250, that is, it is oversold now, and the 4-hour KDJ has also entered the oversold zone. You can see the rebound. Short-term longs can be carried out on the 3300 mark, and losses will occur if it breaks. The key point is of course to wait for a rebound and short!