11.9 Ethereum Short Reminder
Around 3080-3100 we will continue to hold short, with a target range of 1500-1800, and a defense level of 3130. Personal opinion, for reference only!
We do not believe a bull market can begin, but rather think it is just the main players and the leverage lenders positioning themselves. If stop losses are hit, we will continue to exit and observe, but it is impossible to go long on Ethereum, as it has no actual application value.
As long as we touch our defense level, we will choose to observe. It doesn’t matter how much it rises, if we touch the defense level, we will leave immediately.
