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Bearish
#美联储放鹰 Done, done, does Ethereum really have to go this way?
Since November 3rd, Ethereum has started to rise, overcoming various difficulties. From an increase starting at 2350, it climbed for 42 days, reaching a peak of 4100, nearly doubling. Unfortunately, last night something unexpected happened in the U.S., following the big brother to slide down the slide. The rise is slow, but the fall is rapid, no wonder everyone is not very optimistic about the second coin this year. How it will go in the future depends on whether next year's upgrade can drive a wave,
The short-term perspective is as follows: a double top has already appeared on the daily chart, and the important support on the 4-hour chart has already been broken. From the pattern, it is about to complete a 1.13 shark, looking at around 2870!
Looking at the retracement of the increase from 2350 to 4100, if it retraces to the golden ratio point of 0.618, it is also around 2900!
Retail investors should not try to bottom out in the short term; they need to learn to stay in cash. The contract suggestion is also a strategy of shorting at highs! $ETH
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