$ETH The market on Thursday is basically out. Tomorrow is Friday. After hitting a high of 112,000 in the morning, the big cake encountered resistance and retreated slightly, and then fluctuated and consolidated at a high level. In the evening, the bulls gathered strength again and pulled up strongly. Not only did it set a new historical high in one fell swoop, it is currently standing above the 113,000 mark, and the current volume has not seen a weakening situation. The auntie has opened the upward channel since early morning. After touching around 2820 at noon, it was under pressure and pulled back, but it rose again in the evening under the strong drive of the boss. It is currently standing firmly above the 2800 mark. Today, the big cake also has more than 2,700 points of space, and the auntie also has 148 points of pocket. The ups and downs of the market are normal, but as long as the belief is firm, you can keep your own rhythm.
From the four-hour chart, the big cake has been rising strongly. The current bullish trend has shown signs of being blocked and slowing down. In recent days, the K-line entity has gradually narrowed, and the upper shadow line has appeared in some periods. The upper selling pressure has begun to appear. The strength of the bullish push is weakening, and the rhythm of price rise has also slowed down. In the future, it is necessary to pay attention to the fact that if the trading volume can be enlarged simultaneously during the pull-up stage, the effectiveness of the bullish momentum can be verified. However, the current trend is blocked, and the trading volume has not been able to continue to follow up or even shrink, which means that the follow-up strength of the bulls may be insufficient. The market is likely to enter the adjustment stage. Stagflation in the 114000-115000 area will further confirm the state of bullish obstruction, and the demand for short-term correction will also increase. The support below can focus on the low point of the recent pull-up process and the short-term moving average position.
Combined with the analysis of the market heat, there is still a lack of sufficient liquidity near the 115000 mark above. There is no problem in going high here in the short term. It is not easy to break straight up. It is recommended to focus on light cabin high altitude for rough work.
The ideal position for the big cake is around 114500 to try to buy Ju Kong Dan, bring good protection, small bets for big gains, and the target is around 112200 first.
To be honest, there is still room above, but the current stagflation does not want to go short here. The ideal position is here at 2860-2880, but if it breaks down later, then the upper side will have to clear the 3000 mark, leaving no room for the shorts at all. If you want to try, bring a stop. $BTC #BTC再创新高 #趋势交易策略