12.20 Ethereum 'Black Swan' Alert
The current bullish entry rate is quite ridiculous. After breaking key levels, there have been frequent attempts to lure in buyers. With the current price, it would be wise to take a light short position with a stop-loss at 3420 to guard against a potential 'Black Swan event' tomorrow.
We are also implementing a manual entry strategy; the frequency of bullish bottom-fishing is too high, so it might be worth a try.
If bulls continue to aggressively bottom-fish and there is a high frequency of contract positions being opened, there is indeed a chance of a real 'waterfall market' tomorrow. If entering a short position now, aim boldly for a target of 2400, with a stop-loss of a few dozen points.
#加密市场回调 $ETH