Yesterday, we experienced a double explosion of long and short positions.
This scene seems familiar, with high-multiple contracts that exploded more than 10 times back and forth.
The low point of 53888 on July 5, according to the rules of the currency circle
This 55000-58000 shock will not exceed 10-15 days
That is to say, the shock will end before July 20th
Currently, ma120 is 65000, which is too far from 57000
The possibility of reversal is very small, the German government, and Mentougou
And the subsequent Ethereum Grayscale ETF 3 million Ethereum unlocking
These are all problems that need to be solved
It is possible to continue the bull market after digesting and solving these problems for two months.