ETH's trend is very good today. It has a double-needle bottoming trend, which means that this wave of short-term trend has been formed.

Generally speaking, the double-needle bottoming is to test the reaction of the bulls. If the bulls do not give a strong rebound, the next trend will be controlled by the bears. Therefore, Lao Tang believes that this wave of short-term trend has been formed and can be short-term. In addition, the external market news is that the Fed's interest rate cut will be further postponed, which has increased the bearish sentiment. Therefore, Lao Tang's next strategy for ETH is:

ETH: open short at 3625-3650, stop loss at 3700, and take profit at 3524

(This order can be opened smaller to test the strength of the short order, so the stop loss is relatively small. If it continues to fall, you can increase your position and short)

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