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Good evening, I am Jiuye. It's been a long time since I last updated the text version analysis with everyone. Today, I will update one issue.
It has been 36 days since we laid out the 111700 long short position on May 22nd. The mid market trend is 111700~100, 300, 100, 300~110, 500~110, 500~98, 2009, 8200~108, 200. The large-scale rise and fall waves have gone through 4 times in just about a month, with a cumulative amplitude of over 40000 points. The mid market take profit has exceeded 20000 points. Ethereum has fallen sharply from 2870 to 2100, with a drop of 28%, and the maximum return is 2000%
From a technical perspective, the high-level parallel downward channel has opened three high points with the strongest pressure gap around 109000. The gap at the three low points has now decreased to around 97000, and the trend support for the directional horn shape has decreased to around 62500,
From the perspective of Ethereum technology, the maximum level and maximum spatial upward trend support 2245 was inserted into 2100 and rebounded to 2520 after falling below it. The current rebound is futile, and the next wave of Ethereum's low point is pointed at 1800
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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.