Continuing from the previous article, the short order placed by Yi Ge yesterday near 2485 also gained nearly 70 US dollars. The short-term trend can also be seen at this position. At present, after a round of bottoming last night, it rebounded rapidly. , it returned to near yesterday’s highest point within two hours.

The main reason is that the SEC's promotion of ETFs has stimulated bullish sentiment in the market. But after observing the current market situation, Brother Yi is still not very optimistic about the bulls.

First of all, from the daily line, macd crosses at a high level above the zero axis, the red column turns to green column, and the short energy is gradually released; secondly, after the previous round of sharp rise and fall, the strong support of Fibonacci callback line Both the strong pressure position and the strong pressure position are relatively obvious. 2510-2520 is currently a short defensive position and has a very strong suppression effect. Combined with the performance of the 4-hour MA30 and the hourly MACD, it is highly likely that the market trend within the day will be a short-term surge and then continue to fall back to the bottom.

Brother Yi is a very pure K-line party, everything is based on the market, so today's operation advice is still mainly short selling, enter the market with a short order near ETH2509, cover the position at 2539, stop loss at 2549, and target 2460-2430-2285. When it comes to billing and risk control, as the same saying goes, keep the green hills and don’t worry about running out of firewood. If you like Brother Yi, you can follow Brother Yi and share more analysis and insights about the contract #TradeNTell #ETH/USDT