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On this night, the market took away 2.8 billion RMB, 122,839 people got liquidated, the ETH support level is around 3605, and the resistance level is around 3850.
ETH touched the 3605-3635 range three times yesterday. This position was mentioned before as an opportunity; anyone who left a bit of margin could have made a profit today. It was clearly stated about the support and resistance levels, and potential buying opportunities were pointed out, yet when the chance was given, people hesitated. What are they waiting for? Remember, when opportunities arise, even if you've set a stop-loss, you must dare to take action; conversely, when there are no opportunities, don't operate recklessly. How many times have opportunities been missed due to hesitation? When will we truly mature?
Today is likely to still be a consolidation pattern. There is no rush to consider short positions for now, but if a deep pullback occurs, opportunities for long positions can still be found. If there is no repeated turbulence at high levels, how can retail investors be attracted to enter the market and how can liquidity be accumulated? Without these, who will the main players go to plunder?
The essence of zero-sum games determines that retail investors and major players are opposites. For major players to "eat meat," it is destined to be a game of big fish eating small fish. #山寨季来了? #稳定币监管风暴 #Gate 6月透明度报告