$ETH The late-night crypto world is never short of stories. The candlestick chart dances up and down on the screen; some cheer for the fluctuations, while others silently digest their emotions. You, staring at the screen with your finger hovering over the keyboard, feel your heartbeat rise and fall with the price — this is the daily life of a crypto enthusiast, and also a shared practice. Last night, after the price reached the high of 119320, it retreated to a low of 116699, currently consolidating around 117300, with hidden undercurrents of long and short battles in the volatility.

From a technical perspective, short-term resistance focuses on the 119300-119500 range, while core support lies at 116600, with secondary support to watch at 115000. On the indicators, the 4-hour RSI is at a neutral position of 48, and the MACD remains in a death cross state, though the red momentum bars have slightly increased; the Bollinger Bands indicate that the price has fallen below the middle band, and if it cannot quickly recover, it may further test the lower support. In terms of candlestick structure, the long upper shadow bearish candle from yesterday's high indicates weakened bullish momentum, and the current hourly chart is in a consolidation phase, needing to break above 117800 or fall below 116600 to clarify direction. Additionally, the US CPI data will be released tonight, and we need to be cautious of potential sudden volatility.

It is worth mentioning that the previous long position profit-taking and reverse short position operations of the Yunlu strategy have successfully captured a 600-point swing profit. Currently, it is recommended to mainly observe and wait for breakthrough signals at key levels before making any moves: in the short term, one can trade high and low within the 117000-118200 range, with a stop loss of 300 points; if it stabilizes above 117500 and breaks through 118200, the target can be set at 119300; conversely, if it breaks below 116600, the target will be 115000. #Strategy增持比特币