14:15 The reasons and basis are all in the picture, with text to deepen understanding. Wishing prosperity to the brothers who like this.


The current ETH market trend is similar to yesterday's expectations, with an anticipated spike to 4520-40, and it peaked at 56. However, when reading the chart, it was also judged that if 4560-70 does not break through and stabilize, there will be no reversal. The process is all about the movement trend, with 4440 being the position for reducing positions, which is also marked on the chart. The key is execution; those who strictly followed the reduction strategy have also made profits.
Currently, the focus is still on high positions. Taking low positions isn't impossible, but it's important to clarify the time cycle involved. It's essential to understand that this is a moving trend, not a one-sided trend. With this mindset, the reasonable defense for current short positions is at 4570. Now that we are here, we can take a look at the 15-minute chart. 4460-80 has now become a small resistance level. As for operations, let's see if opportunities arise. If opportunities present themselves, adjustments can be made based on market conditions. If the position is reasonable, it can be adjusted appropriately.
The view on Bitcoin remains the same as yesterday, with the short target first looking at 117,000. However, Bitcoin is quite strong, with a robust rebound. The candlestick rebound is stronger than Ethereum, but in terms of volatility, it's actually not as good as Ethereum or is roughly similar. The overall direction is not a big issue, but the rebound level has slightly exceeded my expectations, although it is still within the normal range.
Today's trading strategy is still focused on short positions. Ultra-short term trades are not within my expected range. When placing trades, be clear about the cycle and profit, and use stop-losses; you can approach it however you like. After all, the market does not just keep falling or rising; it is a moving trend.
ETH2.59%
BTC1.68%
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