In-depth Analysis of Ethereum

Currently, the overall trend of Ethereum is still bearish, brothers should stick to the short side.

During the decline, there may be a rebound in between.

Tonight's market seems to want to chase longs. Once the number of brothers chasing longs reaches a sufficient amount, the market makers will start to push down hard, directly causing a sharp drop.

We are now waiting for a rebound in Ethereum, and once it reaches a high point, we can short it and just hold the shorts.

Currently, the people who are longing have not reached the expectations of the market makers, so there won't be a direct drop. The market makers will not allow the long positions to break even in this wave of decline; they want to effectively wipe out the long positions.

Last night was a very good example, a sharp drop down to support levels around 3200, 3150, 3099, and resistance levels on the rebound above around 3350, 3390.

Brothers, when the volatility is high, the greater the storm, the higher the profits.

Get on board quickly.

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