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Da Bing made an epic breakthrough move. For us, the definition of epic level comes from the breaking of the top structure at the midline level.
We have previously mentioned that the absolute top bottom structure at the weekly level has ended perfectly three out of four times. And currently, the fourth top structure has experienced its first failure after breaking through 110000 yuan in price. For this phenomenon, we can only define it according to the normal analysis of absolute top bottom structure, which is that the weekly level breaks both the top and has one-sided expectations.
As a result, his demeanor also showed a movement that broke the oscillation space of recent days, reaching above 2600 points. From this perspective, although Da Bing has the idea of continuing to rise, I believe that Ethereum may be more suitable for breakthrough trading with multiple orders.
Our current conservative expectation for the amount of ether may reach at least 2800. Why not continue with the long headed attempts at the pancake? Because Da Bing is currently making history, we do not have previous market trends as a reference for price comparison. That is to say, a price increase of 120000, 130000, or 150000 may not be reasonable. But we cannot estimate.
At the current stage, abandoning the previous view and breaking the upward pressure in both arms, we should recognize that those who are in charge of the times are the heroes. More reference to doing long operations.
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Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
