Here is dry information, eth trend chart analysis, I have always said that eth continues to be strong, do not try to short if it does not reach the target price, the current trend of eth and Ethereum is completely in line with the bull market diffusion model, friends who hold the spot can directly get 3600, 3600 happens to be the week Line pressure level. It’s hard to say later, it depends on time and market sentiment.
1. Regarding the bull market diffusion model, Figure 1 is the daily trend of wti. From the continuous meltdown of US stocks in March 2020 to the outbreak of the global epidemic, the crude oil market ushered in a big bull market. The trend is as shown in the figure. The market reached 4 breakthroughs at the upper boundary point. Accelerate the rise until Fibonacci 2.618 reaches the target price.
2. eth is also following the bull market diffusion model. If you look at it, it is exactly the same as the trend of wti crude oil. As shown in Figure 2, friends who play with charts can see it at a glance. Similarly, for eth and ethereum, we are currently at the point of the bull market diffusion model. At the 4th stage, the consolidation here is about to usher in a tail-speed upward trend. A large amount of short liquidity has gathered here at 3100, and the invisible hand will reach out to it. The target price after the breakthrough is also Fibonacci 2.618 at 3600$. Then the 2100~2200 position will become long-term support. Get it in stock.
3. This model is completely based on price behavior and market sentiment, and is extremely effective. Friends who like to study price action can refer to it, and you are welcome to express your opinions.

Malphite has long said: In the bull market, please turn off the short-selling button, otherwise you will lose everything. How many people have died due to hitting the top of the bull market? Anyone who asks people to short-sell is misleading.
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