On May 22, Bishou published a post. At that time, the SEC results were not released and the ETH price was around 3713.

Bishou directly judged that the bullish trend was not over, and Ethereum also rose to a high point of around 3900. Those who followed it all had good gains.

Today

The good news of ETF landed, and Ethereum fell first. A violent pin inserted 7 points in 5 minutes, clearing a large number of leveraged positions. Even if it was not listed, it became a selling reality. The good news landed and turned into bad news. Many whales also started selling yesterday. In the long run, the bad news is only temporary, and the long-term good news is certain, because after all, new funds have begun to flow in, so spot positions are still the main theme, and it depends on when it will be listed.

The short-term view of the contract Bishou believes that the market will drop to 3500 again.

ETH suggestion

3720-3750 open short stop loss 3800 stop profit 3500.

(The market is volatile and may be interrupted at any time)#BTC☀️ #ETH大涨