Ethereum continues to be weak independently. The rebound in the past two days did not even reach 3,300, which scared away a lot of retail investors holding coins. Remember that the launch of ETFs is a positive landing and a short-term negative. You have to look at the underlying logic behind things. What is really worth thinking about is the subsequent capital inflow, which is the real positive. Grayscale sold 450,000 ETH in four days due to selling pressure. There are still 2.3 million ETH, worth about 7.4 billion US dollars. The ETF purchase volume cannot cover the outflow volume. Grayscale will definitely slow down the outflow in the future. The inflow of other ETFs covers the outflow of Grayscale, which is the beginning of the outbreak. This wave of wash-out will not last too long. Now if you want to do long contracts, just do Bitcoin. Under short-term selling pressure, ETH is not as strong as BTC. Ethereum can start with low-level spot layout. In addition to the 3,000 we have reminded you to buy before, the second entry pays attention to the Fibonacci support below at 3180 and 3100. You must not rush to enter the layout. The subsequent capital volume and increase are far beyond your cognition $ETH #eth