12/11/: Collective plunge; is the market bullish or bearish during the day?

ETH/Tian Chart: After Ethereum fluctuated at a high level near 2400, after finishing 3 transactions and receiving multi-pin peaking signals, today

The Japanese currency market collectively experienced a big dive in early trading; the ETH short market once penetrated 2150 and reached a low of 2150

2115 quickly rose to the current price of 2250; the big plunge in early trading can only be understood as market institutions

Clean up a batch of high-level chasing orders; the technical aspects cannot be understood normally; judging from the market situation, around 2150 is

Whether the original resistance of the year can be transformed into resistance and support in one step; we need to see today’s trend to see whether

Conduct research and judgment; if the daily level remains above, the bull trend can remain unchanged; if it falls below 2150, or

It will turn into a retracement in a wider range; the details of the intraday operation plan can be as follows.

ETH4/1 hour: The 4-hour price trend showed three peaking signals at high levels in early trading with the last one

The high meteor line experienced a rapid and sharp decline and effectively fell below the horizontal support 2320-2300 and the upward trend line; noon

Indirectly closing a physical negative K-line with a longer lower lead; in the short term, the price will enter a range and fall back.

The probability is relatively high; it is difficult to see a sharp rise in the market today; therefore, it is recommended to appropriately maintain the short thinking during the day

Details are required; wait for the price to reverse at 2300-2320 and show a signal of resistance; then short positions can be intervened to defend.

The resistance is above 2320; the target is the intraday low of 2180-2150; if there is no counterattack, it will go straight downward to chase the short position.

The difficulty is high; it is recommended not to chase short!

Recommended ideas [high shock; bearish bias]

Support 2120-2150/Resistance 2300-2320