Is the price going back to 3000? What is the suitable position for bottom-fishing?

Looking at the trend, it feels like it is really going to hit the 3000 level. From 2400 on November 5th to now, the increase has reached 72% and the highest position is 4111. It took more than a month to rise slowly, but the decline was very smooth, like a slide. The current retracement has reached the vicinity of the mountainside. It feels that it will continue to fall and wash the market. Everyone must be thinking about bottom-fishing. In fact, it is possible, but the position must be chosen correctly. Through the Fibonacci retracement, the support level below is around 3240. Once it falls below, it will go to 3000 to explore the bottom. Now it is the golden section point between 2780-3034. Brothers, don't rush to get on the bus. The position is very important. You can try to go short in the contract. It is not a big problem to bottom-fish the spot with a 50% increase before the New Year.

The suggestion is to enter the spot market between 2980-3050. It is not suitable to do contracts at this time. The fluctuation is too large, and you can't get up in the middle of the night to cover the position. 🫢$ETH