Main focus $ETH | Strategy: Short, range grinding, bears continue to collect rent
First off the order: $ETH current price 2696, grinding back and forth within the 2634-2749 box for a week, the supply zone at 2720-2750 on top has been pressed down five times in five days, each time it touches up it gets pushed back, the bulls' faces are all swollen, Hui Yinghong's line "I found you are all M" is basically written for these chasing bulls. Direction short: place short orders at 2710-2730, stop loss at 2755 (above the weekly high of 2749), first target 2650, second target 2626, 3x leverage. Reason in one sentence: five attempts to break the top all rejected, the box bottom at 2634 tested twice but not broken, but the money on the upside has already run out—OI shrank by 79 million U on 9/29, returned 90 million on 10/1 but price only moved 20 points, new money comes in and gets hit, no time even to say thanks.
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