The market trend is downđ, the next operation focus⌠ïž
đž Early trading reminder: the strategy of reducing positions at highs is perfectly grasped. The current medium and long-term trend is still bullish and unchanged. The short-term trend is still running in the retracement wave structure starting from 66500. The current B wave rebound is in progress. If the reversal level of 64000-65000 is not broken, the C wave will go down. Pay attention to the support near the 4-hour rising trend line of 62000-62300 in the evening. If this level is not broken, the main force will have repeated processes to confirm the top process. Only when it breaks will the bulls turn weak and fall. At that time, the previous low support of 59000-60000 will be tested. The overall market will continue to be bullish after completing the ABC wave consolidation.
đžEther reminds you to reduce your position at the 2500-2520 pressure point for swing trading in the early trading. It fell back as expected after reaching the position. Pay attention to the support of 2410-2430 in the evening. If this position is not broken, there will be a rebound. Once the trend line breaks in the future, it will turn weak, and it will move in conjunction with the big cake to retreat in the C wave. After the overall market completes the retreat, Ethereum will continue to be bullish.
đžSpot strategy: 1: For those who have reduced their positions at high positions, if you want to make swing trading, you can look at the trend line 62000-62300 support in the evening. If it does not break for the first time, you can do ultra-short-term trading. If it falls below, leave immediately (ultra-short-term trading is risky, you must watch the market, and those who are prudent should not do it). 2: Long-term holders who want to add a second hand need to wait for the market to further step back and confirm. I will prompt you to enter the market, and do not chase the rise for the time being. 3: For those who want to reduce their positions at high levels, you can do ultra-short-term trading if the price does not break 2410-2430. If it falls below, stop loss immediately (must watch the market). 4: For long-term holders who have bought a position in the early stage, if you want to increase your position, see if there is a chance to increase it at 2300/2200 later. There is no rush now. 5: Recently, the trend control is very good. Everyone keeps up with the rhythm. The dynamic content is synchronized with the live broadcast.
