4560-4650 Life and Death 70 Knives! Brother Te leads the single: Now going all in = putting your head into a meat grinder!!!
Positive News: CPI at 2.7% lower than the expected 2.8%, favorable for the crypto market
Technical Pressure:
1-hour K-line forms a triple top at 4640
BOLL upper band (697 and the dense area of 4680 form strong resistance
4550 becomes the line of life and death for long and short
Bullish Counterattack
Breakthrough 4650 with volume and stabilize
Pull back to 4630 to chase long, target 4680-4700
Consolidation and Consumption
Continuously fluctuate between 4550-4640
Sell high and buy low at 4600+ short/4570 long
False Breakout to Lure Longs
First break 4650 then drop below 4550
Break 4530 to chase short, target below 4450
Brother Te's Exclusive Opinion
Current price 4585:
Plan 1: Place long orders in the 4560-4550 range, stop loss at 4520, target 4620 for quick profit
Plan 2: Wait for a breakthrough at 4640, if the pullback does not break, enter the market; a pullback after the breakthrough to 4615 is the best buying point
Key Stop Loss Levels:
Long Order Lifeline: 4550; can tolerate piercing during the day, but must stop loss if 1-hour close is below 4530
Short Order Defense Line: 4660; break here and immediately withdraw short orders
Ambush Area Reminder:
Bullish Ambush Area: Below 4500, 4470-BOLL middle band 4462
Bearish Ambush Area: Above 4680 combined with BOLL upper band 4697 and chip peak
Don't wait until the contract blows up to remember me! Follow Brother Te, next time I'll take you to escape the top 3 seconds in advance! #CPI数据来袭 #ETH突破4400