$ETH ETH: Ethereum rebounded after adjustment yesterday. The daily chart closed with a small negative line with a long lower shadow. Ethereum fluctuated upward in the short term. Yesterday's decline failed to reach our target price of 2530. The short-term performance is still relatively strong. Looking at the one-hour chart, the price fluctuated upward along the 120-day moving average. You can pay attention to it. When the price reaches 2650 (the 120-day moving average of the hour), you can do more with a light position (this is a short-term behavior). Bring a stop loss, and a stop loss of 30 US dollars is generally enough. For medium and long-term investment, it is right to buy on dips. Don't build a position at a fixed price, but build a position in batches. Yesterday, the Bitcoin ETF inflow was 4.4 million US dollars, and the Ethereum ETF outflow was 24.8 million US dollars (excluding BlackRock data). Grayscale was the main outflow, and other institutions were mainly increasing their holdings.
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