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Event ends: August 9, 16:00 UTC
More details: https://www
Currently, Ether's rise from the bottom around 1400 has already broken the upward trend line. That is to say, the moment we break 2355, our long orders above should rug pull. At this stage, the short structure around the highest point of 2880 continues to persist, and only after recovering 2310 and then 2430 can we attack upwards again. Everyone should follow the spot purchase range below. As long as we do not recover 2310, we will definitely go down. So currently, 2310 is the watershed for long and short positions. Only if we stabilize above 2310 can we go long; if we rebound below 2310, we go short. The target is around 1700. Looking at the intraday perspective, a repair rebound is currently in progress, but this rebound seems to have completed and may fall again at any time. Recently, when placing orders, always use stop loss; the Martingale strategy should not be used anymore.