Evening Direction Sharing on May 23
Always wanting the market to align with our thoughts, or perhaps holding onto a slight obsession with bears, we have been treating the current pullback with corrections. The market seems indifferent to the pullback, and the layout still revolves around high shorts and low longs. Meanwhile, the altcoins have provided a supplementary rise, reaching a maximum of around 2734. As of now, the layout remains quite satisfactory, with the morning layout capturing a total of over 2500 points with 2 longs and 1 short, while Ethereum secured over 163 points. Therefore, it's not just about longing; the current trend is as such, seizing the high and low points of the range to operate.
Currently, there has been some retracement, but after the pullback, the price has recovered and is once again operating at a high level. With the continuous upward movement of the downward spikes, the bulls' gradual recovery strength is also quite strong. While recovering, the retracement strength is gradually diminishing. In the short term, despite operating in a wide fluctuation, the overall direction still returns to being bullish. The four-hour structure is still in an upward wave, and although the short-term rises face pressure and pull back, it is only temporary. Combined with the upward lifting of the lows, the bulls are organizing and waiting for further rises; be patient!
The major currency is around 110500 - 110000 for longs, with an expectation of reaching 112000; Ethereum is around 2640 - 2620 for longs, with an expectation of reaching 2800.
I need fans, you need references. Random guessing is not as good as following.
