$ETH Evening Order Strategy

In the morning, I recommended a short position around 3500, and that's when I entered the market. Don't worry if you entered at that time; there's a high probability of a pullback tonight.

Additionally, the fact that there have been three unsuccessful attempts to break the resistance level today indicates that we are currently in a high-level consolidation phase. The market has hovered at a high level for a long time today, and the data consistently shows an increase in short positions near the 3520 resistance level. From the perspective of liquidation data, the amount of long positions being liquidated is more attractive to the market makers, which means there is a high likelihood of a decline. Even if it breaks through, it will likely wait until next week.

Looking at the 4-hour chart, there are several upper wicks, clearly indicating that the bulls struggle to push higher without the support of market makers. Moreover, if you observe, the market is rising, and many believe that due to Christmas, it is highly likely to go up. However, this is not the case; there is a significant chance of a drop!

I suggest opening a short position between 3520-3560, and if there's a pullback, it could possibly reach around 3460.

Make a small profit and find a Christmas-themed girl tonight 🙈