Let's talk about the current ETH price trend:

If Sun Yuchen does not cover his ETH position, I will still insist on entering the spot at 3100, mainly based on the positive arc structure at the top and the 4H chart breaking the 3400 point lower rail support, and will fall another channel later.

Now Sun Yuchen's average price for covering his position is 3500 points. After seeing 3420 in the morning, he broke through and broke the lower rail, resulting in a stop loss. It seems that he still can't rush to enter the market. The support below is 3289 and 3090U.

$ETH