Yesterday was a short, today is a long. When there is a rebound, you can short at the position.
Today, Ethereum has increased again. Fluctuations are the normal market condition. Currently, the upper Bollinger Band on the 4-hour chart is continuously narrowing, and given the current rebound, it is expected to reach around 4000/4025 during the day, and then will pull back again.
Therefore, the strategy is to go long first and then short, referencing around 3900/20, looking at around 4000, and then observing the breakout situation for selective shorts.
As for Bitcoin, there have been 3 peaks, and both rebounds did not break through 102000,
indicating that it is still under strong pressure. During the day, it is recommended to short near 101500 upon rebound, looking at 99500/90000#DeFi全线飙升 #加密市场反弹 #BTC重返10万 #美联储12月降息预期上升 .