Short-Term $ETH Analysis!
On the spot side, there was steady accumulation and even strong buying force yesterday morning, causing the price to grow.
On the other hand, with the#SECdelay in approving $ETH's S1 application, the price dropped afterward. However, it will not be moved past August 7. -> The news has calmed down
With this factor, we will combine with Fibo on PTKT to enter a short long position in the range of 3400 - 3430$
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In the worst case scenario, if $BTC quickly closes the gap at 60k6 - 62k, $ETH will likely reduce the liquidation to $3340
In short, Luong will wait for a long and short adjustment
Region 1: 3400 - 3430
Region 2: 3320 - 3340
Remember, this is reference information, please add your own witnesses, comrades!
