Wu Bai's View Today: Those who short at 2720 are retail traders, we are waiting for our prey at 2820!
Market Review: Comfortable! Completely comfortable! 😌 Brothers who obediently shorted at 2860, did you feast on this wave of crash?
Entry: ETH 2820 - 2850 (If it dares to bounce to this, that's the heavens sending money, go all in short!)
Defense: Stand firm at 2900 and admit defeat.
Explanation: At the current position of 2700, the ground is full of bloodied chips. Never chase the short! The market makers love to pull a 'dead cat bounce' after a crash, trapping those who chase shorts. We must be like crocodiles, patiently waiting for it to bounce back up before we bite down hard!
