Brothers, the teaching chain suggested yesterday to short around 95200-95700 and to buy near 94000. Those who traded back and forth should have made around two thousand dollars. Currently, although the bias is towards long positions, the daily chart shows reduced trading volume and the MACD also has a shrinking trend. From the 4-hour perspective, there was a hint of some top divergence yesterday, and a wave of consumption occurred last night. The MACD red bars on the 4-hour level are diverging downwards, with both lines extending downwards. This morning, after testing around 95500, it was quickly pushed back down. The hourly level formed two consecutive ranges: one is 92000-94000, and the other is 94000-95700. So making a move near 94000 today is a relatively strong support.
The coach has always mentioned that breaking through the range of 94500-106000 after four months of consolidation is very difficult, and more often it will be sideways or a direct pullback to gather strength. The teaching chain believes that the directional guidance every Sunday night is very significant, and tonight is no exception; we should pay close attention. Continuous non-movement for several days can easily form a stage top.
High short strategy:
Short 95000-95500, watch 94000, if broken strongly then look at 92000.
Pay attention to support near 94000; if it holds, you can directly target 95000, and if that breaks, aim for 96000.
Conservative traders can go long in the range of 92900-93500, targeting 95500.
Ether strategy: Yesterday, the teaching chain only provided a low long strategy. Looking at the smaller timeframe, Ether has spiked multiple times.
High short strategy 1840-1860, if 1780 breaks strongly then look at 1750.
Low long strategy 1780 long, add to long at 1760, look for 1840.