The showdown is tonight at 21:30 for the non-farm peak!
The intraday sideways adjustment is waiting for the evening data. Once released, Lei Ge expects Ethereum to see the range of 2960-2980.
However, regarding the current market situation, Lei Ge tends to prefer short positions for more stability. Therefore, waiting for the data release, I will look for suitable positions to short.
The market basically looks like a needle followed by a quick drop, with panic selling in the US stock market.
Don't think that 2900 for Ethereum is the bottom; there is no capital inflow into the market, and ETFs continue to experience significant outflows. The hype about interest rate cuts has already landed, making it very difficult to pull back in the short term; the rebound lacks volume.
Therefore, our strategy this year needs to be more timely. Don't blindly bottom-fish like 'maji,' or you'll be terribly mistaken!
It is expected to be at least 200%-800%.
Brothers, get ready for a big wave!
