Daily Analysis for
#ETH 1️⃣ Structural interpretation of the rebound is empty, but we cannot blindly short. Around 3000, there will be quite a few people trying to catch the bottom. Be patient and wait for them to stop daring to buy the dip, or for the liquidations to be nearly over, while we study the matter of going long.
2️⃣ Capital Flow & On-chain & Exchange Dynamic Capital Flow: There is immense pressure on the funding side. The spot Ethereum ETF is also experiencing a large-scale outflow of funds. This is similar to the situation in the Bitcoin market, indicating that institutional inve