$ETH
Analysis of the Second Cake Situation
What does this mean? The dog house truly lives up to its name.
Just now, the second cake continuously tested the bottom at 3210. Did this anger the dog house or did capital intervene? It directly surged over a hundred points. This time, I don't know how many more people will get exploded.
The dog house is indeed a dog. The market is originally very clear, and you could just short it directly. Now, they've thrown such a big smoke bomb, causing the situation to become chaotic again.
Continue to look bearish
Looking up at 3345
Looking down at 3280 3230 3210 3160
If it falls below 3210 and stabilizes the volatility, it will definitely see 3000. If it doesn't stabilize, then it will start to fluctuate upwards.
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