Sharing Thoughts on Large Coin Orders (1.6)

1. Good evening, everyone. I am Chen Changsheng. I see many people saying today it will either surge or plummet. Is it because the NASDAQ is about to reach the 20,000 mark? Personally, I still have a bullish outlook on shorts. For Ethereum, everyone should place their shorts as usual. The large coin dropped from 108,000 to 91,600 and then rebounded again, successfully breaking through the downtrend channel. Overall, it is moving in a sideways fluctuation structure. It faced resistance and fell back around 100,000. We cannot rule out the possibility of an M-top structure. If the large coin can break 100,000, everyone can chase a short-term long with a target around 102,600. However, I definitely would not chase it now because both the large coin and NASDAQ are facing significant round numbers. We should wait for a breakout to chase. Structurally, upon reaching the 100,000 mark, we should confirm this rise by retesting the bottom of the JOC. The 4-hour MACD shows a potential reversal, and the KDJ indicator seems to have formed a peak, so there is considerable playability in this trade, but the risk is also quite high. For those who don't want to participate, you can just watch the show!

2. At the levels of 99,700-99,900, manually enter a short position, targeting 97,400. If it breaks 100,000, you can close the short to chase the long. This trade carries a high risk coefficient, so it is recommended to operate with a light position and aim for a target of 102,700-104,800 for partial profit-taking!