I think I have analized market movment very clearly yesterday.
A few days ago, some people always questioned whether it was right to short at 3500 under the major rising trend. After ETF fell to the zone of a wide-range oscillation at 3430 again yesterday, I told everyone that ETF will rebound slightly along $3430 first. and then fall below the 3430 with a wave of downward trend.
Look back at the market again, did ETH rebound to $3470 after touching $3430 yesterday, and then plunged at night with more than 300 points, and fell to near $3150‼
In my previous article, I have mentioned clearly that go short from 3516 to 3556. This wave of decline is close to a pattern door market movement, that is, a bearish engulfing pattern and there is no signal to stop of a decline. The next operation is still to short at the high price after a rebound and we will consider entering the market with long position after another wave of decline.#ETH_ETFs_Trading_Today #ElectionCampaign