Wednesday Market Analysis:

Yesterday, as expected, the market rebounded weakly. Going long felt like moving into a seaside suite. The previously issued short position was only 20 points away from the market price, and it was missed; it’s quite frustrating. The bullish sentiment has lost its style, and the main players are reluctant to engage. Was it that obvious?

Yesterday, after a week of significant inflow, the ETF suddenly experienced an outflow of $80 million. Although the amount is not large, it indicates a divergence in confidence from the main players regarding the future market. In the past 24 hours, a total of 120 million was liquidated across the network, with 87.07 million in long positions and 30.94 million in short positions.

Currently, Ethereum is temporarily stabilizing around 2600, but it can't resist the declining trend of the market. It's heading towards the next resistance level around 2500. Today, I’ll adjust the positions for you all. Without further ado, let’s get the morning army to help me find his way home to mom 😜

Ethereum short strategy: Short around 2633-2663

First tier target: 2573-2603 Second tier target: 2513-2543#ETH🔥🔥🔥🔥 #大盘走势 #山寨季何时到来？