What was last night's market like? Everyone knows that the price is going to rise, but almost everyone is on the sidelines and stays away. Bitcoin successfully surged to around 48,000 yesterday, and everyone in the evening knew that it was Ethereum’s turn to make up for the increase! Sure enough, it started to work hard last night and succeeded in making up for the increase this morning. It successfully hit 250 points from the original 2400! At 23:00 in the evening, before the market started, the fan base gave everyone short-term pressure around 2430-2450. Ethereum’s first upward move was just around 2450, and then began to fall back to a low near 2400, thus giving us the first round of pressure. The friends in the fan group who planned short positions successfully took profit. In addition, Ether also gave another pressure level of 2500-2520, and informed in advance that the two pressure levels were only for short-term shorts and short-term profits. Once they broke through, they would directly backhand to chase the longs. And the market is in perfect line with what we expected. Whether it is the first short-term profit or the backhand after breaking through the pressure level in the later period, if we operate normally according to the idea, we will gain more than 200 points in the long and short market. What to do next? Next, the bullish resistance will be the main focus. At present, Ethereum is continuing its upward trend. It is impossible to achieve a larger range of resistance in the short term. If you really want to go short, you can go short near the new high. For the narrow box, please refer to the hourly chart for aggressive support. More around 2570, the middle turning point is mainly around 2500-2520. If it falls back above, it will continue to be long. If the market falls back and breaks through 2500-2520, it is directly short. The operation is very simple. For stable support, you can refer to around 2380-2400/2320-2340. , the daily reference bottom support is focused on around 2250/2150-2170. In addition to short-selling at the pressure level, try short-selling at the new high, wait until around 2820 before placing short orders. #BTC #ETH $BTC$ETH
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