12.11 Ethereum shorting tips
Hello everyone, I am your Brother Qiu. Since Ethereum has been pulled all the way to 4000, many shorts have been miserable, but it has ushered in technical adjustments the day before yesterday and yesterday.
I believe that these two declines have made the air force brothers happy. Yesterday we also took advantage of the trend to short WLD. Can we continue to short Ethereum today?
At present, the pressure level of Ethereum is around 3690 and 3720. We can short at 3680, hit the second level at 3695, and directly shoot 3720.
The current effective support level is at the two key positions of 3640 and 3610. If it falls below 3610, it is likely to test the structural support of 3500 again.
If you like to trade contracts in front of the screen, you might as well follow Brother Qiu to avoid missing the first-time push! The Chinese New Year is coming soon, and I hope everyone will make more money.