The main theme of the Ether airdrop is still ongoing!
Just take a look at the long cycle, that four-hour super big bearish candle directly confused the bulls. Without significant positive news, where is the confidence for a violent rebound in the short term? On the monthly and weekly levels, the patterns are still entirely in a bear market structure, and the overall direction of the bears has not yet finished!
Currently, there is short-term support around 3240-3300. US stocks are likely to make a small rebound before the market opens tonight, shaking off the retail investors who rushed in to buy. So let's not play hide and seek with this rebound; it's better to miss out than to catch a falling knife!
Therefore, today we won't chase the short positions. We'll wait for it to pull back, shake a bit, and clean out the floating supply, and then we can look for a high point to continue trading later!
