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Yesterday, the US stock market was closed for the Juneteenth holiday, resulting in limited overall market fluctuations. However, the range provided by Luyao was also accurately confirmed.
Ethereum is currently quite significant, with a noticeable increase in short selling as of now. Analyzing from multiple dimensions such as candlestick patterns, technical indicators, and capital flow, the overall trend is still dominated by a strong bearish bias.
In this situation, a sound operational approach is still to adopt a high short strategy.
Ethereum: Short in the range of 2540-2570, target at 2400, long-term target at 2200, each should strictly maintain their defense.