All friends in the cryptocurrency circle should pay attention. ETH started to fall rapidly last night. Here is Lao Tang's analysis of ETH's trend today.
Since K reached the peak of 3980 at 23:45 last night, the index began to fall. At 3:45, the short order accelerated to 3856 and then began to fluctuate sideways. At 9:30, this wave of small pins up and down was obviously washing contract players, so Lao Tang's prediction of the previous article to stop profit at 3950 was correct. The strategy for this wave of ETH decline is as follows:
ETH: 3906-3929 open short, 3960 stop loss, 3819 stop profit
(This order is a short-term order, the stop profit and stop loss are very small, and the main purpose of this order is to see the direction of the K line behind)
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