LianKe Community: Bro, Ethereum (ETH) has already entered a short position! Set the stop-loss at the previous high of 3150 on the smaller timeframe; exit decisively if broken. The target below is 3050 or even lower. Currently, the smaller timeframe needs a pullback; if there is continuous capital inflow, and the price chooses to consolidate sideways instead of dropping further and continues to push higher, then exit decisively. The overall risk-reward ratio is quite good; stay steady!
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LianKe Community: Bro, Ethereum (ETH) has already entered a short position! Set the stop-loss at the previous high of 3150 on the smaller timeframe; exit decisively if broken. The target below is 3050 or even lower. Currently, the smaller timeframe needs a pullback; if there is continuous capital inflow, and the price chooses to consolidate sideways instead of dropping further and continues to push higher, then exit decisively. The overall risk-reward ratio is quite good; stay steady!