What cannot be forgotten is the past, what continues is the game, what is missed, you can consider it as passing by, what is grasped, you can consider it as a reward. A unilateral breakthrough is real; sideways fluctuations are just a thing of the past. Most of the stubborn holding results from an unwillingness to exit, while a small portion of execution comes from understanding after experience. In the investment market, there is never a predetermined misfortune, only an unwavering persistence that refuses to let go. The evening market moves relatively smoothly, not jumping around like before. After the big coin retraced to the lower level of 117923, the bulls slowly began to recover, currently reaching a high of 118714. The rebound short strategy given in the afternoon was once again validated, with the real-time prompt to enter around 118700, and then the market dipped to around 117900 to exit, capturing a space of 800 points. Ethereum's orange has a space of over 60 points.
From the current market situation, the short-term technical aspect has formed a top adjustment, with a large space and fast rhythm, still confirming the low point. The four-hour level has 120000 as the starting and falling point, dropping to the line of 117000, initiating wave adjustments. The first adjustment wave has a relatively large space. Currently confirming and correcting the rebound, the node still needs to pay attention to the second resistance drop. The short-term resistance is still near the 119000 mark, which is also close to the upper band of the 4-hour Bollinger Bands. If the mid-band is lost during the day, it will accelerate downward. Weakness could continue the weak adjustment, forming a wave. Then, the next short-term operation will use the mid-band as defense; if the rebound stabilizes, it could be shorted.
The big coin revolves around 118500-118800 for shorts, expecting to see around 116000, and the aunt coin revolves around 3640-3660 for shorts, expecting to see around 3530. $BTC $ETH