$ETH is coming! A massive drop of 300 points is about to arrive!
After observing the fluctuating market over the past few days, the biggest short-term resistance for ETH is around 3700. Every time it approaches 3700, there is a pressure to pull back.
Yesterday, it surged up to 3744, but failed to hold above 3700, quickly retracting to around 3650, indicating that the selling pressure at 3700 remains effective and strong.
Based on the above analysis, it can be concluded that ETH will begin to fluctuate downwards in the next couple of days. Currently, shorting around 3670 is advisable, adding positions around 3720, taking profits near 3400, and setting a stop loss at 3760.
The market is about to correct, and the opportunity to buy the dip in altcoins is coming soon! I have carefully selected a cryptocurrency expected to increase by 5-10 times; leave a comment + like for a free share!
