#ETH The logic behind my assessment yesterday was as follows:
1. Setting aside expectations for US rate hikes, Japan at least has very clear expectations of a rate hike this month.
2. Based on this expectation, a large amount of capital will inevitably withdraw from risk assets, and it was already very clear yesterday morning that several institutions had exited Bitcoin.
3. It is no longer possible to enter a short position at Bitcoin's 80300, but Ethereum is stronger than Bitcoin on smaller timeframes, and its strong rebound offers a chance to pick up good positions.
Figure 1 is the 4-hour ch