Bullish reversal, how to layout⁉️
Yesterday during the live broadcast, I told you a point of view, where will ETH fluctuate this weekend⁉️
I said that the lowest point fell back to 3470 to 3480, and you can seek a short-term rise at this position to bet on the rising market. In fact, the current bullish reversal trend should be relatively clear. Bitcoin broke through the 67,000 area, and Ethereum touched the pressure level of 3530 to 3560 twice.
It can be estimated that short positions cannot be entered before there is a pullback, although there is a pullback It is possible, but the bulls' energy has not weakened so far, so it is estimated that we have to wait until the market and the market have a large-scale correction before we can go short.
Some people ask if a large-scale correction is possible⁉️In fact, I personally think that Ethereum has just risen back to the starting point of the previous plunge, which is around 3520. It is in line with the pattern of violent rebound and then decline after the downward trend. Maybe it can't fall anymore and will rise, or maybe there is no market and no trading volume on the weekend, so it can't fall anymore. It's all possible. So I still say my classic saying, don't open orders on weekends, it's easy to make mistakes when opening orders‼ ️
