$ETH The market on Monday was up and down. Warnings of liquidation kept coming during the day. It surged to 3650 in the morning, and then continued to fall during the day, breaking through 3500, a drop of more than 150 points. Many friends were trapped when they chased highs, and were trapped again when they bought at the bottom. How to play in this market? To be honest, it is difficult.

If Bitcoin falls back a little, the price of copycats will fall for a long time. There is a problem here. The demand for copycats is insufficient. In the counter-trend, funds would rather choose Bitcoin Ethereum for risk aversion. Therefore, without an independent narrative, it is difficult for copycats to get out of the independent market. It is not recommended that you buy the copycats at the bottom. It is more certain to lay out Bitcoin Ethereum.

Ether has been in an independent market for two days. There is a divergence today. This retracement is an opportunity for us to enter the market. At the end of the month or the beginning of next month, Ethereum's ETF will be launched. Many people follow the good news and the bad news. They don't understand that this landing means continuous liquidity input, which can easily pull Ethereum to an unexpected high point.

Therefore, continuously laying out Ethereum in batches is the investment method with the greatest certainty. I have also been laying out spot. At present, the accumulation is almost enough. In terms of contracts, I laid out after today's retracement. The average price is around 3480. The expectation is still to get the spot ETF listed. I hope Bitcoin can stabilize and give Ethereum a chance.

Focus on 3400 below. If Bitcoin does not fall sharply, it is difficult to fall below it again 3400, the demand below is sufficient, and the resistance above is around 3650. If you want to continue to be strong, the bulls must break through with large volume

Currently continue to hold too many orders and spot, what do you think? Welcome to leave a message to discuss

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