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ETH followed the falling trend perfectly yesterday, with hidden profit opportunities amid market fluctuations. The layout from yesterday accurately grasped the short positions as the main line. In the morning, affected by a sudden dumping of BTC, ETH fell synchronously from a high point of 3040, facing pressure throughout the day, breaking through the 3000 and 2900 integer levels in succession, and finally stabilizing at the support level of 2805. In the afternoon, it oscillated and consolidated around the 2805-2850 range, with a fierce Bull vs Bear Battle.
In the evening, as BTC broke down again, short positions in ETH completely took the lead. After the price broke through the 2805 support level, it continued to decline, reaching a low of 2718. The strategy suggestion in the early morning is to short at the rebound high, following the trend and seizing the opportunity.
Operation suggestion: Short near 2710-2760, looking down to around 2660-2600. If it breaks down, continue looking down, medium to long term target 2500.
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