ETH
Plunge!
Ethereum is following the expected path, dropping from 2665! The lowest point reached around 2502 (Binance).
This drop was within the predicted range! It didn't quickly break through 2500, which was somewhat unexpected! However, it's not a big issue!
So the strategy from yesterday should be completely canceled at this moment!
At 8 AM, the daily line directly showed a large bearish candle, making one wonder if it hasn't finished dropping yet! Because it didn't quickly break through the 2500 barrier and rebound quickly to stabilize!
So for today's operations, we can rely on:
1: Consider entering a long position in the 2480~2440 range, with stop loss at 2420.
2: If extreme market conditions continue today and the above position is taken out,
we can consider setting up a long position below 2400, specifically in the 23xx~23xx range, with stop loss at 23xx! (VIP exclusive)
Currently, Ethereum is hovering around 2520! For now, we won't consider chasing long positions. If the daytime performance is indeed strong, then we will consider entering based on opportunities to chase a position!
