🔥Ether Thoughts on July 18🔥: Recently, Ethereum ETF is bullish, while the Mentougou incident is bearish. How should the market direction be faced?
Comrade Jianguo recently confirmed that he would attend the BTC conference. The recent air traffic has been stable and rising. The biggest potential is the BTC Global Conference in a week. In the past, the conferences were more about showing off beautiful women and cars. This time, with the participation of Comrade Jianguo, the market will definitely shine more
The current market is pulling up and smashing the market because Mentougou is about to pay compensation. We can already see that the big cake is being transferred on the chain. This is the final step before the creditors transfer the currency. However, this does not affect the overall market at all. It is facing the sun and moving upwards
But the big 🐂 always needs several pulls before it can really rise. At present, Ethereum rushed to 3500 at 9 o'clock yesterday morning and then fell all the way. The current trend is lower than the previous wave. There will be two more callbacks to wash off some leeks🚗 before it will continue to rise
Position analysis: Ethereum 3458-3493 short
The first echelon looks at 3406-3431 The second tier is 3338-3373
