$ETH Let me tell you how the ether has made me feel these past few months.
Bitcoin in 2018
To put it simply, Bitcoin was at the bottom of 6,000 and played ping-pong for about half a year. After that, it dropped vertically to 3,000 to reach the bottom in the next week.
I think the current Ether is also very similar to the bits at that time.
Use 2870 as the base to rebound. The bounce will always make people feel like the bull is coming back. Then go back to 2900 to base again.
Therefore, before it is lower than 2870, you can catch the rebound and open short.
When you see that a bullish rebound is coming, look at the moving average to capture the position. Don’t make the ratio too high.
Although I say this, I always use 200 points to close the position and 100 points to stop the loss, so my multiple is more than 15 times, which is not small.