$ETH
Morning rapid rise led to a large number of short positions being liquidated, probing down to around 2520, and further up is the densest area of medium-term consolidation, resistance will continue to materialize.
Similarly, Bitcoin is at a high level and should not be chased for gains. The subsequent focus is mainly on whether Bitcoin can stabilize at 108000. If it stabilizes, there are no conditions for short positions in the short term. If a false breakout at 108000 is confirmed later, then short positions can be continuously entered.
ETH
Upper resistance 2550 2600
Lower support 2420 2360
In terms of operations, we still focus mainly on high shorts. The recent market is primarily due to short positions being trapped combined with retail investors missing out, leading to a short squeeze. The win rate for entering during spike scenarios is higher, and there are no long plans at high levels $BTC
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