Good evening, brothers. After a wave of increases today, the top has been sideways for a day, people are almost shaken to death, and now the smaller scale has finally started to weaken. The midday market analysis mentioned that there is an opportunity to enter short positions with stop loss set at the previous high, I don't know how many brothers have opened their mouths for the publicly fed meal.
Now it has indeed come down, unable to hold half, the other half breaks the white line position to continue holding, brothers who can hold continue to hold, wait for it to break the white line position to eat big meat, the first profit target of the big pie is around 1041, around Ethereum 3501. Anyway, this wave has pulled so much, I firmly believe that it will not just pull back so little, the premise of the current short position profit is to set a trailing stop loss (set the stop loss below the opening price) just to ensure that profit does not turn into loss!
Night market analysis:
Pay attention to this position 105530 at night. As long as the closing line does not stay above this position in the next 1-2 hours, the market will start to weaken, and a correction will begin on the 1-2 hour level. The support levels to watch are around 104100-102750-101410!
If the 1-2 hour level closes back above 105530 at night, then this drop is a false breakdown, and the rebound will face resistance levels around 106666-108300-111200!
Pay attention to this position 3583 at night. As long as the closing line does not stay above this position in the next 1-2 hours, the market will start to weaken, and a correction will begin on the 1-2 hour level. The support levels to watch are around 3501-3454-3400!
If the 1-2 hour level closes back above 3853 at night, then this drop is a false breakdown, and the rebound will face resistance levels around 3630-3658-3710!
Pay attention to this position 996 at night. As long as the closing line does not stay above this position in the next 4 hours, then this 4-hour rebound will end, and the support levels to watch are around 975-963-945!
If the 4-hour level closes back above 996 at night, then this drop is a false breakdown, and the rebound will face resistance levels around 1018-1031-1045!
Pay attention to this position 166 at night. As long as the closing line does not stay above this position in the next 1-2 hours, the market will start to weaken, and a correction will begin on the 1-2 hour level. The support levels to watch are around 163-159-155!
If the 1-2 hour level closes back above 166 at night, then this drop is a false breakdown, and the rebound will face resistance levels around 159-172-176!
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