ETH deceived many bulls last night, hitting 3366 and then falling back to 3233 in the early morning. The 4% drop before and after this washout method can numb those who chase high prices. The main point is that if you buy high, I will fall, and if you buy low, I will rise.

The 4-hour trend line has been broken, the trading volume is declining, but the overall position has not changed much. The liquidation amount has only been recorded since 3288 on the liquidation chart. At present, it can only be treated as a volatile market of 3230-3360. It seems that we have to wait for the catalysis of the news.

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