$ETH
ETHUSDT
Perp
3,025.54
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ETH can enter the market for short selling
The highest point of the last rebound was at 4760, which is a strong resistance level. Moreover, the rebound to 4500 still did not drop and there was no continuation of the downward trend for a pullback. Therefore, the M double top pattern near 4700 should be within expectations. Even if we are to continue rising, we need to retest the 4400-4500 range to shake out the bulls and build a structural platform. This wave rebounded from 3800 to 4700, basically 1000 points, without any significant pullback, not even a pullback, entirely relying on a hard pull. I know the risk of shorting is very high; do not go against the trend, but I am even more afraid of going long. Everyone is holding long positions; I am even more afraid of going long. I shorted near 4680 and plan to take it below 4500. Everyone can refer to whether to go long or short; it's up to you! $ETH
{future}(ETHUSDT)
The highest point of the last rebound was at 4760, which is a strong resistance level. Moreover, the rebound to 4500 still did not drop and there was no continuation of the downward trend for a pullback. Therefore, the M double top pattern near 4700 should be within expectations. Even if we are to continue rising, we need to retest the 4400-4500 range to shake out the bulls and build a structural platform. This wave rebounded from 3800 to 4700, basically 1000 points, without any significant pullback, not even a pullback, entirely relying on a hard pull. I know the risk of shorting is very high; do not go against the trend, but I am even more afraid of going long. Everyone is holding long positions; I am even more afraid of going long. I shorted near 4680 and plan to take it below 4500. Everyone can refer to whether to go long or short; it's up to you! $ETH
{future}(ETHUSDT)
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