At the beginning of the month, when ETH was around 3000, the structure showed that it had a tendency to fall further. At that time, it was repeatedly emphasized that if it fell below 2800, it would immediately go to 2380, because there was no strong support between 2775 and 2400, and it was a smooth road.

Now I remind you again, if it falls below 2380, if it is a big needle, it can reach 1698-1566 at one time. The long army needs to be extra careful.

ETH's big needle is very abnormal, not better than the cottage. These two cakes are basically useless after June 18, and I have basically not done much with them in the past two or three months.

Another point, we need to think in advance: Is ETH's trend one step ahead of BTC, or will BTC follow the same trend as ETH in the future? According to the trend of the monthly line, the probability is really not small. The next time a big needle is 8.5, BTC will directly reach 43000-41666. This is a big opportunity for spot, but for contracts, especially long orders, it may be a disaster, and we have to prevent it. The closer to the time of interest rate cut, the greater the risk, rather than simply a positive. The logic has been said many times. The market is watching this time point, and the main force will definitely make trouble.

There are two ways to go in September:

1. Rising in the first two weeks of September 18, and then falling on September 18;

2. Oscillation before September 18, rising first and then falling on September 18, and then rising slowly.