Market Quick Review: ETH
At the 30F level, ETH is different from BTC.
BTC is in a neutral structure of consolidation, while ETH shows a clear bearish structure, currently running the third segment of a downward trend at the 4H level, at a type II sell position, possessing a shorting structure.
In fact, I already initiated a short position at the first type II sell position, and I will do another short when it leaves the segment. After the current trend ends, it is necessary to observe whether there is a divergence phenomenon to decide whether a long position can be taken subsequently.
Trading Advice: Pay attention to the completion progress of the current 30F structure; you can either follow the short-term trend to short or wait for a bottom divergence to long, depending on which part of the market you wish to participate in. Public account: Yunzi Community, no waste of good skirts.
The essence of trading is to engage in a segment of a trend that has not yet completed, and what you want to participate in is the part that is about to complete. Clarify which part you want to participate in, and your trading plan will naturally become clear.
