The big tree that will bear fruit has not yet bloomed, and the fire that has turned to ashes has been rekindled. Today's market has just opened. How can we be overwhelmed by the rampant material desires? How can we go with the flow under the hustle and bustle? How can we waste time with a depressed mentality? Don't underestimate the dust, and don't easily deny the length of the trend. Time flows downstream, but trading is against the current. Heavy things should be put down lightly, and fast market conditions should be handled steadily. Looking at the rapid rise and fall, running to grab a point may be deeply trapped. From indifference to taking it seriously, perhaps it is a change in the way of looking at the world. A person's destination is not a place, but a new way of looking at it.

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Market analysis:

The recent market of Ethereum is really a bit bloody. Either there is no big market, or it comes to you suddenly. Many friends also asked Zhongda, how should we operate in this situation? If you want to last long, of course, the first point is to control the position, and the second is to control the risk. I can't remember how many times I have said similar words. Back to the market, the price of Ethereum has been hovering around 1650 recently. The four-hour MACD bullish volume is obviously insufficient, and the KDJ three-line indicator spreads downward after bonding! So the idea is still mainly to rebound and go short.

Idea: Short in batches around 1670-1650 when it rebounds, cover the position when it rebounds, target around 1600-1550, risk control 1690

This article only represents Zhongda’s personal opinion and is timely. Everyone entering the market should take good risk control and control their positions. The market is impermanent and you should learn to adapt to this impermanence. You should always keep a clear head and a peaceful attitude. A cool head and outstanding judgment are the fundamentals. No matter how long the night is, the day will always come. No matter how persistent the shock is, a break will always come.