The madness at this peak of 4950 is like a wild dance in a storm, but there will eventually be a moment of curtain call, when the surging short positions may brutally grind the previously fervent long positions into the ground.

Although there is a large amount of selling in the market right now, institutions are certainly not the type to blindly follow the trend, and they will not easily allow retail investors to accurately chase the market. Without a clear judgment, it is easy to fall into a passive situation of being hit from both the long positions and short positions.

Suggestion: First pay attention to the strength of the market pullback. Once it falls to around 4200, you can consider positioning long positions. If it further dips to around 4150, you may look for opportunities to add to long positions. The initial target is 4500, and if this level is successfully broken, you can continue to look towards 4700. #ETH创历史新高#