Big pie Ethereum closed the line in four hours without breaking through, decisively short
Ethereum as a whole showed an upward trend, reaching the highest level of 3135 and being blocked. After the four-hour market shock, it went up along ma7 and broke through multiple suppressions. In the short term, bulls closed on the cross negative line and were temporarily stagnant. It is expected to step back. Pay attention to ma7 below. If the moving average does not break, it will continue to rise. Short orders should not blindly enter the market. The daily level will continue to rise.
Although the bulls are strong, do not chase the bulls at high levels. It has just broken through the shock area and is expected to continue. Pay attention to the 3185-3280 pressure area. The idea is to go back to low and long as the main force and high as the supplement.
Operational suggestion: Ethereum closed in four hours at 8:00 pm and did not break through 3140. Decisively go short, with a target of 3070.
In terms of Bitcoin operations, it is recommended to go short at 51750, with a short-term target of 50700.
