Since December, there has been a direct and aggressive washout, with a double bottom as I expected. Currently, after three days of rally, the price has reached the resistance level near 3245. This is a very critical level—if it breaks through, we could see 3645; if it doesn't, a third bottom could form a central zone. For now, I am bearish. Even if you make a mistake buying, you need to buy; don't assume it's a bull market just because prices are rising now. We're still in a bear market with poor liquidity and lower USDT prices. In a bear market, use cash to exchange for USDT and buy spot.
Now, here’s my strategy: short at 3255, add to position at 3288, stop loss at 3300. To prevent a fake breakout pattern, you can short at 3288, add to position at 3310, stop loss at 3340. Let me emphasize again, this is not a bull market, not a bull market—watch your money carefully. $ETH
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Since December, there has been a direct and aggressive washout, with a double bottom as I expected. Currently, after three days of rally, the price has reached the resistance level near 3245. This is a very critical level—if it breaks through, we could see 3645; if it doesn't, a third bottom could form a central zone. For now, I am bearish. Even if you make a mistake buying, you need to buy; don't assume it's a bull market just because prices are rising now. We're still in a bear market with poor liquidity and lower USDT prices. In a bear market, use cash to exchange for USDT and buy spot.
Now, here’s my strategy: short at 3255, add to position at 3288, stop loss at 3300.
To prevent a fake breakout pattern, you can short at 3288, add to position at 3310, stop loss at 3340.
Let me emphasize again, this is not a bull market, not a bull market—watch your money carefully. $ETH