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Last night, ETH took the lead behind the bounce and reached the short point of 2198-2222, so harvest first, lock in gains at 2180 and below, and then make up for it. ETH rebound goes short, fell below 2000 for the first time in a week, and did not close above 2336, the next two drops below 2000 will be a new low, 2000 below open space, bears will be more in an absolute dominant position, profit margin will be larger. For bulls, each bounce is like ejaculation of blood, and the physique becomes weaker.
From Sunday to next Monday morning, the US stock market is generally weak when the market is closed and BTC is not bouncing or short. Saturday afternoon is US time, Friday closed the market, the lowest point is near 85150, because of 85750-86600, the space is too small, the 0.382 position has not bounced to, do not touch the short point between 8.7-8.9w, if you are in a hurry to go short in advance, it will be chicken ribs, which are easy to turn around. Only 85,000 can chase shorties in real-time after a breakdown. So be patient and wait for the hesitation to come. The contract process overcomes the weaknesses of human nature, such as confusion, impetuosity, and indecision. This requires a long period of hardening and precipitation.
As we approach the Fed meeting, be careful. It's not a habit to take care of some people who only like to go long, and I'm not talking about going long. If you continue to make money on the short, you will not be able to make money, just like from October last year to March last year you were long before the last loss.