The total amount of liquidation in the entire network has reached 1.87 billion. The trend of the US stock market is consistent with my prediction and has begun to rise, but the US stocks related to digital currencies have fallen sharply. At around 9 o'clock last night, I had already predicted this wave of decline, but the entry point for fans was more than ten points higher.

At present, ETH has fallen to 2350 again, and the downward trend has emerged. The 2400 that was previously supported has now become a pressure point. Someone asked me if I can enter the market to go long now. My advice is not to go against the trend. When the market shows a downward trend, we should look for the pressure point of this trend and follow the short. Many people did not catch the big short market last night, but I think it is always safer to follow the market trend than to try to guess the bottom.

In the morning, I still need to continue to pay attention to the market and observe whether there will be a retracement at the 2400 position. In the market, it is better to miss the opportunity than to make the wrong direction, because once you make a wrong order, the profits of the ten orders earned hard before may disappear.