🔥#以太 Market analysis and operational ideas!
Last night, U.S. stocks opened and took a downward route, resulting in a market adjustment alongside U.S. stocks, with $ETH dropping to the 2890 position before starting to rebound above the 2950 position.
From the current market perspective, Ethereum has begun to fluctuate sideways. If it can stabilize above 2950 during the day, it may pull up a wave.
For two consecutive days, after the U.S. stock market opened, the overall market saw a significant adjustment, and the market has once again entered a state of panic. The daily-level market continues to decline, and the rebound strength is limited. If there is another significant adjustment, it will easily break below the weekly level trend.
With the bulls being liquidated again last night, the current market is dominated by bears, so shorting during the rebound is advisable. Shorting above 3000 during the day, targeting 2850.
The day's operations will be based on actual market conditions. Interested friends can follow A Yi's operational ideas.
