$ETH
Ethereum Evening Trend Analysis
The strategies given in the morning and afternoon can be checked to see if there were profits or losses!
There will be pullbacks; seizing the opportunity is what counts, while failing to do so is just making a move!
At night, the main force frequently hangs and withdraws large orders in the millions, and Ethereum's large fluctuations 🫓 are being adjusted downwards. Due to the need for time to correct indicators, it is normal for the market to enter a period of adjustment in the short term.
Currently, on the hourly level, there will still be a downward adjustment wave. Although there is a pullback trend, it is not a one-sided decline; therefore, the overall trend will frequently oscillate. In the short cycles, attention should be paid to whether the defense level at 1950 can effectively hold.
In the future, if the bulls appear again and push up, if it can break through the 1950-1980 range, there is no need to worry about short-term pullbacks and consolidations!
Conversely, one should be cautious of market selling pressure implementing further blows to the bulls.
In the evening, Cai Ge focuses on short-term pullbacks to go long, entering around 1950 at a low position and setting a stop loss at 30 points!