From today's market, the trend in the aviation sector shows a fluctuating upward pattern, with each step followed by a pause. In such a market, our long positions during the daytime are not particularly promising, but in the evening, the bulls increase their volume and continue to push prices up, which demonstrates the strength of the short-term bulls. During the day, we maintain a bearish outlook and pay attention to the existence of resistance zones, as both bulls and bears have their strengths. In the evening, the short position in orange was exited after replenishing in the evening, and then a reversal was made to follow the bulls again. Currently, the bulls are increasing their volume again, and prices are rebounding. Ethereum is developing synchronously, but it shows weakness in terms of space, maintaining a rebound trend at present.
From the current trend, a new high is formed again on the daily chart, with a slow upward movement in prices, and both upper and lower shadows are present. The short-term volume of bulls and bears is balanced. On the 4-hour chart, the upward trend remains unchanged, but the previous price has reached a low, and the body has not stabilized above the 95000 mark. There are signs of narrowing in the short-term trading channel, and it is expected that it will be difficult to produce a new high by midnight. In the smaller cycle, there is a tug-of-war between bulls and bears with increased volume, and the market shows a rhythm of consolidation. After this rebound ends, a weekend of fluctuations will follow. In summary, it is suggested to first observe the strength of the bulls' rebound before making further moves. Pay attention to the existence of resistance levels above.
Short positions for Bitcoin at 95200-95600, watch around 93800; for Ethereum at 1800-1820, watch around 1740. #币安HODLer空投SIGN #以太坊的未来 #币安上线INIT