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Many friends are asking me
Ethereum broke below 3180. Missed the short entry, when is the next short opportunity, and can we continue to short?
Currently, the market has reached the Fibonacci 0.382 level (3087), which is holding for now. At the same time, this is an important support on the 4-hour chart, a key point dividing bulls and bears.
Previously, I successfully predicted the trend reversal twice and went long, both times when breaking through this 4-hour line. If it can't hold, go short immediately, as the price may fall even further.
Mainly due to Trump's provocative actions, market confidence is lacking. Gold has hit a new high again. Let's wait for the US stock market to open tonight. This is now a crucial support level and a key position for the bulls and bears to switch. Remember this.