📣Ethereum short position perfectly closed with an 80-point profit, how to operate in the future❓
Last night’s layout was steady, and the Ethereum short position was perfectly profitable. Target levels were 1650-1630-1600. Accurate point predictions led to a perfect profit exit, securing nearly 80 points.
From the current market perspective, the price has been consolidating at a high level across multiple smaller timeframes. The current rhythm is one of building momentum, characterized by oscillating movements. Recently, the market has vividly demonstrated this oscillation, but the lower points have been gradually rising, indicating that the direction of the adjustment is centered around the bulls. The upper resistance has been repeatedly tested and is approaching a breakout, which means a window for a change in trend is also nearing. If a new breakout cannot be formed, it indicates that the adjustment and correction trend will continue. Conversely, if a breakout occurs, a return of the bulls is within our expected rhythm, and we will continue to focus on short positions at high levels.
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