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The market dipped the day before yesterday. However, it stabilized yesterday, which is a good thing. —————————————————— It's the weekend now, the US stock market is closed, but crypto is still trading. Personally, I think $ETH might have a big surge over the weekend. Why? Because during the decline, a lot of funds bought $ETH at the bottom, and they will probably push the price up over the weekend. I believe crypto won't wait for the US stock market to open to start rising, because right now everyone is uncertain about the Democratic Party's stance on AI, so it's unclear if the US stock market can really rebound. That's my thinking, so I've bought some long positions now. If $ETH rises to $2300 tonight, I should make a small profit. —————————————————— Let's now look at the contract data. The contract data shows that during the last decline, the long-short ratio and open interest rose simultaneously, indicating that quite a bit of capital did buy at the bottom. When someone buys, there are people willing to push the price up, because pushing the price up makes money; if they don't push, they can't make money. I've observed previous weekend trends and found that after a sharp drop, crypto has a fairly high chance of rising over the weekend. —————————————————— Buying long positions now is still very cheap, so even if there are losses, they are within a controllable range. At times like this, staying out and watching is very prudent, that's how I see it. However, I still want to make some money, so I took a bit of risk and am willing to bear it. #美