Tuesday: Early morning sharp rise is no good sign; Europe fails to break resistance and US declines!



Today's early morning high has already been established. The European session in the afternoon failed to achieve a breakthrough and continuation of the high. Therefore, the latter market will be a major short situation. Everyone can confidently go short now. You can appropriately enter in the 75000-76000 zone for swing trading! As mentioned clearly before, the 73000+ long positions given also perfectly reached take profit. Regardless of where you place pending orders, 76000 zone is also the limit.

So this afternoon with 76000 as the dividing line, if there's a slight rebound near 75000, boldly short and that's it. Looking down at 71800-69500!

Ethereum is the same, moving in sync together. There won't be significant rebounds later, and it's about to enter a downtrend channel. We'll see lower step by step! That's all I'll say. Wishing everyone smooth sailing and happy trading!
ETH0.27%
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