#BTC 、eth、sol、uni
Evening Outlook. (Is there an opportunity!!)
Today there was something going on. Delayed, I won't mention the data or macro aspects.
Just looking at the market.
The weekly and daily charts are still not looking good. Whether there will be a rebound depends on whether institutions provide support; the pattern looks bearish.
Switching to smaller time frames, the downtrend is slowing, meaning the wave amplitude has shortened.
On the 1-hour level, mainstream coins are showing divergence.
Those who have been following me for a week know that I placed a long order at 115888. The reason for this order is that 115000 has certain support.
This is certain.
Regarding order flow, I have mentioned that price fluctuations, unless there are major news events, actually just follow the order blocks.
Now, the order block at 115000 has been eaten, and what we are uncertain about is whether we will rebound or continue to drop and eat the lower levels.
Currently, looking at the small divergence, I have an opportunity.
Because of this divergence, my market feeling for the evening session leans towards short-term long.
Of course, I won’t trade in the evening because I will be sleeping.
ETH can be placed at 4250, stop loss at 4180.
However, the trend is still bearish, so if you are aggressive, do not take risks.
If you have not entered the market yet, you can pay attention to the 113888 resistance. If it cannot break above, consider adding at 108000.
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Trading is a precarious balance between life and death; we cannot clearly see life and death. But there are certainly those who understand where there is vitality and where there is stagnation.
Keep it up.
Red envelope to overcome challenges!!!
