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The previous judgment was mainly a bullish outlook, and the facts have verified this direction, just a few days late in timing. The good news is that the results are in line with expectations. The liquidity of the short positions worth several billion at 94970 above will definitely be taken out, which is a matter of course.
Currently, this rebound, according to Elliott Wave theory, is in the third wave of wave B. Based on the rise of wave 1, the rebound space for wave 3 should reach the range of 97-99. But to be honest, I don't plan to hold on to that position until the very end; everyone understands the principle of taking profits when the time is right.
For ETH, you can watch the around 3600 level, with a fluctuation range of about 50 dollars up or down.
Wishing everyone profitable bottom fishing and smooth trading!