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A lot of friends have privately asked me today whether it will keep dropping.
I’ll reply to everyone here in a unified way.
If Ethereum doesn’t break below 1750, then the trend will be a range-bound upward move.
If you want to go long, you can execute around 1751 with a small loss cut.
If it doesn’t break below 1750, then in the short term look at 1800, and later 1850.