The price of Ethereum just soared to 2688, but then quickly fell back to 2537 within a few minutes. This wave of rapid rise and then fall may be a typical false fall signal. First of all, let's not care whether it is true or false. We have eaten meat from both long and short positions. This is a fact!

Now let's analyze in depth how the future trend will go.

First of all, the trading volume increased sharply when the price rose, but the speed and strength of the callback were also strong, which showed that large funds were sold at high levels, and the signs of short-term profit realization were very obvious.

Then from the perspective of the moving average, although the price once broke through the short-term moving average, it failed to continue at a high level, which reflected that the selling pressure above was quite large, and it was unlikely to rise sharply again in the short term.

Finally, looking at the future strategy, the RSI indicator is currently in the neutral zone, and the power of buyers and sellers has temporarily reached a balance, and it is in the stage of long and short game, so Lao Liu chose to close the short order here and wait for a rebound before continuing to take the short position. It is recommended that you do not rush to chase the rise. Those who hold short positions can close their positions and wait and see, and wait for a rebound before taking back the short position. If you don't understand, you can consult me. #热门话题 #BTC☀ #ETH🔥🔥🔥🔥 #美国大选如何影响加密产业？ #BTC能否站稳6W6 $BTC $ETH