The market plummeted on Sunday, investors need to be wary of the risk of Take a Nosedive.

After a sharp rise in the early stage, the market is over-digesting and the Rebound failed to break through 97000 points with insufficient momentum. Last week, this link had a Nosedive, and today it is likely to continue the historical trend. Ethereum's trend is abnormal, with violent Fluctuation over the weekend and obvious Whipsaw characteristics. It is not advisable to be bullish at this time. Its resistance level is at 3750, and the support level is at 3460. There may be a big dump at any time. You can directly short when the price touches the resistance level, and at the same time, you can enter the market for bearish swing trading at 3700.

Today's operation suggestion, with 97500 as the key dividing line, strong pressure at 98500, once touched, you can short, if the market weakens, it may take a nosedive to 93500.