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The current market rise is mainly driven by interest rate cut expectations and market makers using rebounds to dump, which has basically become a foregone conclusion. However, this rebound only causes losses for those who shorted early; it is not a real reversal. The trading volume shows that during the fall, the volume increases, while during the rebound, the volume is insufficient, and funds are still flowing out. Market makers have already closed all positions at high levels, and are more likely using the short-term rebound for final "high sell dumps." Currently, the market data shows that Ether has been continuously rebounding after Monday's close, but long positions are again showing reduced volume as it approaches above 4200. The four-hour level also gives a gravestone doji top signal. In the evening, if it cannot stabilize at the 4100 position, there is a high probability it will continue to fall back down.
Ether: 4172 shorting, looking down at 4072, defend 40 points #BTC #ETH