$ETH Good morning, everyone, pay attention to the breakout situation at 2820—2850. If you short at this level without being greedy, you should be able to gain about 20 points. I placed a breakout order after the 50 breakout and entered smoothly. I must say, this wave of Ethereum is indeed impressive! Pay attention to the resistance level at 2930—2960 above. If it breaks again, it will truly be a vast sea for fish to leap and high skies for birds to fly!

Although $ETH has already stood on the 120-day moving average, we should continue to pay attention to the 2820-2850 range. This range is the top edge of the large box oscillation of Ethereum since the sharp drop in August. Once it breaks through, Ethereum will usher in a new situation, otherwise it will return to the box oscillation!

Everyone should know what oscillation means. It is just a means for the banker to absorb funds. What should be done after absorbing enough funds? I don’t need to say more. Seeing that Ethereum is so strong today, I really regret not holding the spot at the beginning. At that time, I took 147 Ethereums with a principal of 2935. I did lose a lot when I cut my losses. Alas, I lost my footing!