#数字资产市场观察 habitually sharing some views, also in practice. You buddies can follow.

Overall, the sentiment is still leaning towards bullish, but the current daily level consolidation is too tangled. There is also downward retracement pressure below the monthly level shift. It’s either going to break down directly or build a bottom for a rebound, and there may also be a short squeeze above. Friends who are trading should be cautious—bears should closely watch the 3150 to 3300 range for opportunities, while bulls should focus on the 2800-2600 ( extreme situation 2100 ), observing whether it’s a V-shaped bottom or a breakdown with a deep adjustment to around 2100.

It is recommended for bulls to use low leverage for long positions. My personal target for this round is to see 8k to 15k. ETH

ETH-1.17%

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RektButSmiling

· 20h ago

The daily chart is really tangled and it's uncomfortable, feels like it's grinding people down. Is it breaking down or building a bottom? The key still depends on how the monthly chart moves. Low leverage is indeed the way to go, don't be greedy. 8k to 15k? I believe it too, just see if I can hold on patiently. I need to keep an eye around 2600, otherwise, it's easy to get shaken out.

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