Recently, I have been taking everyone to look at some large-level trends
Today we look at the small level trend, which is the 1-hour line
The 1-hour line generally reflects how the market goes today
Looking at the chart I drew above, due to the BTC weekly MACD death cross, which has caused panic to a large number of investment institutions, ETH should be a volatile market this week
Almost 4300-4600 300 points fluctuated back and forth
It's very simple for us to do this kind of shock market, just take long around 4300 and take short near 4600
However, it is best not to place short orders, and the chance of short order liquidation is greater than that of long orders
TG：
Yesterday, I analyzed with you that ETH has been a black swan event recently
Or let everyone take the dip and take the long
Because the fundamentals of ETH have not changed, there are still many micro-strategies to buy ETH
It only takes some time to digest the bearishness
ETH I still firmly look at more than 5,000, and Wall Street costs 4,000
They can't make money and do so much for you
Yesterday, 4400 just grabbed it
If you don't pick it up, just wait for the pullback around 4400 to continue to take more
Don't short ETH!!!!
tg：
49.49K
31
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.