ETH plummeted again last night ⬇️ NOT capital outflow has begun to accelerate. The market makers cashed out after the sharp rise some time ago. What will happen if it falls again? This is my personal opinion.
The next idea is to see if this wave of NOT short orders will fall below 0.0170951? After all, a large number of retracement orders bought a large number of long orders at this position. If it can fall below this position today, then this wave of shorts will fall without looking back, and we can go short with confidence. There is another situation where NOT falls quickly and then pulls back immediately. In this case, we have to wait and see. The market that goes up and down quickly is generally a wash of longs and shorts. We retail investors cannot hold this kind of market. The market I like is the trend formation, step-by-step decline or step-by-step rise, which will not have too many variables. Now we see that the K-line will soon fall to the stop-profit position I mentioned. Although the pending orders are not opened, it does not delay the analysis of the market. If you want to make a profit, you must watch the market, keep an eye on the data, and understand the latest news. Once again emphasize personal opinions.