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8.17 Market Analysis


On the whole, the market has continued to go down for a month. Ethereum continued to go down in the evening, and accelerated down in the morning to break the new low to 1775, which happened to be a strong support level in the early stage. After hitting the new low, it quickly rebounded and went up. The short position can basically be released. It is recommended to enter the market decisively now, wait for the market to rise, and remain bullish.
Operation suggestion:
Step back to 1780-1800 to do long in batches, target 1900-1950, stop loss 1770
Step back to 28400-28600 to do long in batches, target 30000-30500, stop loss 28200 #contentstar#
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PopNewsvip
· 2023-08-17 09:21
well done
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